summary
Introduced
02/25/2021
02/25/2021
In Committee
03/05/2021
03/05/2021
Crossed Over
Passed
Dead
04/30/2021
04/30/2021
Introduced Session
2021 Regular Session
Bill Summary
An act relating to taxes and fees related to marijuana sales and use; creating s. 566.012, F.S.; imposing an excise tax on recreational marijuana; requiring the Department of Business and Professional Regulation to annually calculate and publish an adjusted excise tax rate; requiring certain entities to file a monthly return that includes tax payments and to keep specified records; authorizing the Division of Alcoholic Beverages, Marijuana, and Tobacco to revoke a marijuana cultivation facility's license under certain circumstances; creating s. 566.0125, F.S.; authorizing counties and municipalities to establish additional excise taxes on the sale and purchase of marijuana; limiting the excise tax rate; amending s. 566.036, F.S.; requiring applicants for a marijuana establishment license to pay a specified application fee; creating Part I of ch. 566, F.S., entitled "Excise Tax"; providing definitions relating to an excise tax on recreational marijuana; 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; requiring an annual report concerning tax revenues; prohibiting falsifying records or other hb1363-00 HB 1363 violations; providing criminal penalties; amending s. 566.036, F.S.; authorizing an application fee for marijuana establishments; amending s. 566.037, F.S.; conforming provisions to changes made by the act; providing for rulemaking concerning application fees; amending s. 943.0586, F.S., as created by HB 343; requiring applicants for a certificate of eligibility of expunction for certain criminal history records to pay a specified fee to the Department of Law Enforcement for placement in a specified trust fund; providing an exception; providing contingent effective dates.
AI Summary
This bill imposes an excise tax of $50 per ounce on the sale or transfer of marijuana from marijuana cultivation facilities to retail marijuana stores or marijuana product manufacturing facilities. The tax rate will be adjusted annually for inflation. Marijuana cultivation facilities must file monthly tax returns and maintain records. The Division of Alcoholic Beverages, Marijuana, and Tobacco can revoke a cultivation facility's license for failure to make tax payments. The bill also authorizes counties and municipalities to establish additional excise taxes on marijuana sales, but limits the rate to 15%. Additionally, the bill requires applicants for marijuana establishment licenses to pay an application fee not exceeding $5,000. The revenue from the state excise tax will be credited to the Child Care Trust Fund, with 15% going to the Alcoholic Beverage, Marijuana, and Tobacco Trust Fund.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Died in Regulatory Reform Subcommittee (on 04/30/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.flsenate.gov/Session/Bill/2021/1363 |
| Bill | https://www.flsenate.gov/Session/Bill/2021/1363/BillText/Filed/PDF |
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