HB20-1401
Marijuana Tax Cash Fund Spending And Transfer
| Type | Bill |
|---|---|
| Session | 2020 Regular Session |
| Subjects |
Concerning the transfer of money from the marijuana tax cash fund to the general fund that is made available due to the repeal of the prohibition on the general assembly appropriating money from the marijuana tax cash fund in the year that the money is received.
Bill Summary:
The act repeals the prohibition on the general assembly appropriating the bulk of the money from the marijuana tax cash fund until the year following the year that the revenue is received by the state. The fund reserve is clarified in light of this change. The state treasurer is required to transfer $136,989,750 from the fund to the general fund on October 1, 2020.
(Note: This summary applies to this bill as enacted.)
Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| Refer House Bill 20-1401 to the Committee of the Whole. | The motion passed on a vote of 7-3. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer House Bill 20-1401 to the Committee of the Whole. | The motion passed on a vote of 11-0. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 06/06/2020 | Third Reading | BILL |
22
AYE
11
NO
2
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 06/03/2020 | Third Reading | BILL |
47
AYE
17
NO
1
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 06/29/2020 | Governor | Governor Signed |
| 06/19/2020 | Senate | Signed by the President of the Senate |
| 06/19/2020 | Governor | Sent to the Governor |
| 06/19/2020 | House | Signed by the Speaker of the House |
| 06/06/2020 | Senate | Senate Third Reading Passed - No Amendments |
| 06/05/2020 | Senate | Senate Second Reading Special Order - Passed - No Amendments |
| 06/04/2020 | Senate | Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole |
| 06/03/2020 | Senate | Introduced In Senate - Assigned to Appropriations |
| 06/03/2020 | House | House Third Reading Passed - No Amendments |
| 06/02/2020 | House | House Third Reading Laid Over Daily - No Amendments |
| 06/01/2020 | House | House Second Reading Passed - No Amendments |
| 05/27/2020 | House | House Committee on Appropriations Refer Unamended to House Committee of the Whole |
| 05/26/2020 | House | Introduced In House - Assigned to Appropriations |
Prime Sponsor
Sponsor
Co-Sponsor
(None)
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 07/01/2020 | 177 | Marijuana Tax Cash Fund Spending & Transfer |