SB18-271

SB18-271 - Improve Funding For Marijuana Research

Passed/Signed into Law
Concerning changes to improve funding for marijuana research, and, in connection therewith, making an appropriation.

Subject to rules of the marijuana enforcement division, the bill authorizes:

 

  • Marijuana research and development licensees and marijuana research and development cultivation licensees (research licensees) to transfer unused marijuana within the regulated marijuana industry; and
  • Research licensees to be co-located at the premises of a medical marijuana-infused products manufacturer or a retail marijuana products manufacturer.

The general appropriations bill transferred $3 million from the marijuana tax cash fund to the health research subaccount of the medical marijuana program cash fund (subaccount). The bill strikes the limitation of the amount of transfers to the subaccount and extends the repeal of the medical marijuana program cash fund until September 1, 2023. The bill authorizes $100,000 to be spent annually from the subaccount for administrative purposes related to the medical marijuana research grant program.

The bill appropriates $10,656 from the marijuana tax cash fund to the department of revenue to purchase legal services related to the bill.

(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

 

Latest update: May 30, 2018
05/30/2018 - Governor Signed
05/21/2018 - Sent to the Governor
05/21/2018 - Signed by the Speaker of the House
05/17/2018 - Signed by the President of the Senate
05/08/2018 - Senate Considered House Amendments - Result was to Concur - Repass
05/08/2018 - House Third Reading Passed - No Amendments
05/07/2018 - House Second Reading Special Order - Passed with Amendments - Committee
05/07/2018 - House Committee on Appropriations Refer Unamended to House Committee of the Whole
05/07/2018 - House Committee on Agriculture, Livestock, & Natural Resources Refer Amended to Appropriations
05/02/2018 - Introduced In House - Assigned to Agriculture, Livestock, & Natural Resources
05/02/2018 - Senate Third Reading Passed - No Amendments
05/01/2018 - Senate Second Reading Passed with Amendments - Committee
04/27/2018 - Senate Committee on Appropriations Refer Amended - Consent Calendar to Senate Committee of the Whole
04/26/2018 - Senate Committee on Finance Refer Amended to Appropriations
04/20/2018 - Introduced In Senate - Assigned to Finance