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TN HB1587

TN HB1587
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
02/24/2021
In Committee
03/01/2021
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, subject to certain requirements. It levies a 12% tax on the retail sale of marijuana, with the revenue being allocated to the general fund, educational purposes, and a special infrastructure account. The bill also modifies existing laws related to the possession and distribution of marijuana, including exceptions for authorized retail sales. Key terms include "marijuana", "retail sale", and "12% tax".

Committee Categories

Justice

Sponsors (2)

Last Action

Sponsor(s) Added. (on 03/03/2021)

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