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Bill > HB2389


TN HB2389

TN HB2389
As introduced, authorizes the retail sale of marijuana; levies a 12 percent tax on the retail sale of marijuana. - Amends TCA Title 29, Chapter 38; Title 39; Title 40; Title 53, Chapter 11; Title 67; Title 68 and Title 71.


summary

Introduced
02/04/2020
In Committee
02/06/2020
Crossed Over
Passed
Dead
06/19/2020

Introduced Session

111th General Assembly

Bill Summary

As introduced, authorizes the retail sale of marijuana; levies a 12 percent tax on the retail sale of marijuana. - Amends TCA Title 29, Chapter 38; Title 39; Title 40; Title 53, Chapter 11; Title 67; Title 68 and Title 71.

AI Summary

This bill authorizes the retail sale of marijuana in Tennessee and levies a 12% tax on the retail sale of marijuana. It amends various sections of the Tennessee Code Annotated related to the possession, distribution, and sale of marijuana. The bill allows for the legal growing, processing, manufacturing, delivery, and sale of marijuana by registered businesses with the appropriate licenses. It also sets restrictions on the sale of marijuana, such as limiting sales to individuals 21 and older and restricting the quantity sold per transaction. The tax revenue generated from the retail sale of marijuana is earmarked for the state's general fund, educational purposes, and a special infrastructure account.

Sponsors (2)

Last Action

Assigned to s/c Criminal Justice Subcommittee (on 02/11/2020)

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