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MN SF5118
Bill
Status
Introduced
3/20/2024
Primary Sponsor
Susan Pha
Click for details
AI Summary
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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.
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Establish the local government cannabis aid account in the special revenue fund to receive the 20 percent allocation.
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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.
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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