HB16-1418
Marijuana Tax Cash Fund Transfer To General Fund
Concerning a transfer from the marijuana tax cash fund to the general fund.
Session:
2016 Regular Session
Subjects:
Bill Summary
Liquor, Tobacco, & Marijuana
State Revenue & Budget
On July 1, 2016, the state treasurer is required to transfer $26,277,661 from the marijuana tax cash fund to the general fund. A provision that reduces transfers from the general fund to the marijuana tax fund is repealed.
(Note: This summary applies to this bill as enacted.)
(Note: This summary applies to this bill as enacted.)