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TN SB1477

TN SB1477
AN ACT to amend Tennessee Code Annotated, Title 29, Chapter 38; Title 39; Title 40; Title 53, Chapter 11; Title 67; Title 68 and Title 71, relative to marijuana.


summary

Introduced
02/11/2021
In Committee
Crossed Over
Passed
Dead
04/28/2022

Introduced Session

112th 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 such sales. The bill amends various sections of the Tennessee Code to decriminalize the possession of small amounts of marijuana, while establishing a regulated system for the cultivation, processing, and sale of marijuana to consumers aged 21 and older. The tax revenue from marijuana sales would be allocated to the general fund, educational purposes, and a special infrastructure account. The bill takes effect on July 1, 2021.

Committee Categories

Justice

Sponsors (1)

Last Action

Passed on Second Consideration, refer to Senate Judiciary Committee (on 02/22/2021)

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