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Bill > S1782


FL S1782

FL S1782
Taxes and Fees/Recreational Marijuana


summary

Introduced
03/01/2019
In Committee
03/08/2019
Crossed Over
Passed
Dead
05/03/2019

Introduced Session

2019 Regular Session

Bill Summary

Imposing an excise tax on recreational marijuana; providing for inflation adjustments to the tax rate; providing for collection of the tax; providing for distribution of tax revenues, etc.

AI Summary

This bill imposes an excise tax of $50 per ounce, or proportionate part thereof, on the sale or transfer of marijuana from a marijuana cultivation facility to a retail marijuana store or marijuana product manufacturing facility in Florida. The tax rate will be adjusted annually for inflation based on the Consumer Price Index. Marijuana cultivation facilities are required to file monthly tax returns and make tax payments, and failure to do so may result in the revocation of their license. The bill also sets an application fee of up to $5,000 for marijuana establishment licenses. The provisions of this bill will take effect on the same date as the legislation that legalizes the recreational use of marijuana in Florida.

Committee Categories

Health and Social Services

Sponsors (1)

Last Action

Died in Health Policy (on 05/03/2019)

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