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Bill > H1119


FL H1119

FL H1119
Taxes and Fees


summary

Introduced
02/26/2019
In Committee
03/04/2019
Crossed Over
Passed
Dead
05/03/2019

Introduced Session

2019 Regular Session

Bill Summary

Provides for application fee; imposes an excise tax on recreational marijuana; provides for inflation adjustments; provides for collection of the tax; provides for distribution of tax revenues; requires an annual report concerning tax revenues.

AI Summary

This bill establishes an excise tax on the sale or transfer of marijuana from a marijuana cultivation facility to a retail marijuana store or marijuana product manufacturing facility. The tax is set at $50 per ounce, or proportionate part thereof, and will be adjusted annually for inflation. Marijuana cultivation facilities are required to file monthly tax returns and make payments to the state. The bill also allows for an application fee of up to $5,000 for marijuana establishment licenses. The provisions of this bill are set to take effect on the same date as similar legislation, HB 1117, if it is adopted into law.

Committee Categories

Justice

Sponsors (2)

Last Action

Died in Criminal Justice Subcommittee (on 05/03/2019)

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