summary
Introduced
03/01/2021
03/01/2021
In Committee
03/04/2021
03/04/2021
Crossed Over
Passed
Dead
04/30/2021
04/30/2021
Introduced Session
2021 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; authorizing an application fee for marijuana establishments, etc.
AI Summary
This bill imposes an excise tax on recreational marijuana in Florida. It defines key terms such as "marijuana," "marijuana establishment," and "marijuana products." The bill requires marijuana cultivation facilities to pay a $50 per ounce excise tax, which will be adjusted annually for inflation. The tax revenues will be distributed, with 15% going to the Alcoholic Beverage, Marijuana, and Tobacco Trust Fund and the remainder to the Child Care Trust Fund. The bill also authorizes an application fee of up to $5,000 for marijuana establishment licenses and allows localities to issue licenses if the state does not act within 90 days.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Died in Regulated Industries (on 04/30/2021)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.flsenate.gov/Session/Bill/2021/1940 |
| BillText | https://www.flsenate.gov/Session/Bill/2021/1940/BillText/Filed/HTML |
| Bill | https://www.flsenate.gov/Session/Bill/2021/1940/BillText/Filed/PDF |
Loading...