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Bill > HB434

LA HB434

LA HB434
Levies taxes on sales of cannabis and provides for the use of the avails of the taxes (EG INCREASE GF RV See Note)

summary

Introduced
04/01/2021
In Committee
05/12/2021
Crossed Over
Passed
Dead
06/10/2021

Introduced Session

2021 Regular Session

Bill Summary

AN ACT To amend and reenact the heading of Part I of Chapter 3 of Subtitle IV of Title 47 of the Louisiana Revised Statutes of 1950, R.S. 47:2601, 2602(2), 2603(A) and (C), 2604, 2607(A) and (C), and 2610, to enact Chapter 20 of Subtitle II of Title 47 of the Louisiana Revised Statutes of 1950, to

AI Summary

This bill amends Louisiana's laws to impose a 15% tax on the retail sales of cannabis products. The bill also repeals a provision related to the definition of a "dealer" in the controlled dangerous substances tax law. The tax revenue will be distributed, with 20% going to municipalities or parishes for law enforcement, 30% going to municipalities or parishes, and the remaining 50% going to the state general fund. The bill also authorizes the Department of Revenue to promulgate rules to implement the new cannabis tax.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Read third time by title, amended, roll called on final passage, yeas 47, nays 49. The bill, not having received two-thirds vote of the elected members, failed to pass. (on 05/18/2021)
(1 Companion Bills)

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Document Type Source Location Created
State Bill Page http://www.legis.la.gov/legis/BillInfo.aspx?s=21rs&b=HB434&sbi=y 04/02/2021
House Floor Amendment #3099 Nelson Adopted http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1225560 05/19/2021
Fiscal Note - HB434 Engrossed http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1224508 05/14/2021
House Floor Legislative Bureau Amendment #1975 Horton Proposed http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1223854 05/13/2021
House Committee Amendment #2717 W&M Proposed http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1223297 05/12/2021
Senate Legislative Bureau Amendment #1952 BUREAU Proposed http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1223748 05/12/2021
BillText http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1223488 05/12/2021
Analysis - Digest of HB434 Engrossed http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1223560 05/12/2021
House Committee Amendment #2630 W&M Draft http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1223077 05/12/2021
Fiscal Note - HB434 Original http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1222339 05/08/2021
BillText http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1211047 04/02/2021
Analysis - Digest of HB434 Original http://www.legis.la.gov/Legis/ViewDocument.aspx?d=1211058 04/02/2021
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