Loading chat...

MN SF5118

Bill

Status

Introduced

3/20/2024

Primary Sponsor

Susan Pha

Click for details

Origin

Senate

93rd Legislature 2023-2024

AI Summary

  • Deposit cannabis gross receipts tax revenue 80 percent to the general fund and 20 percent to the local government cannabis aid account in the special revenue fund.

  • Establish the local government cannabis aid account in the special revenue fund to receive the 20 percent allocation.

  • Appropriate 5 percent of the general fund amount annually to the commissioner of children, youth, and families for youth cannabis use prevention, early intervention, and treatment programs.

  • Effective for gross receipts received after June 30, 2024.

Legislative Description

Taxable cannabis gross receipts tax revenue appropriation for certain purposes

Last Action

Author added Nelson

4/15/2024

Committee Referrals

Finance4/11/2024
Taxes3/20/2024

Full Bill Text

No bill text available