summary
Introduced
11/09/2021
11/09/2021
In Committee
11/19/2021
11/19/2021
Crossed Over
Passed
Dead
03/14/2022
03/14/2022
Introduced Session
2022 Regular Session
Bill Summary
An act relating to taxes and fees; creating s. 566.801, F.S.; specifying fees under ch. 566, F.S., for various applications, renewals, and other purposes; creating s. 566.802, F.S.; providing contributions for early approval adult use dispensing organization licenses; creating s. 566.803, F.S.; providing that the Department of Business and Professional Regulation may revise fees after a specified date; creating s. 566.804, F.S.; providing for certain mandatory contributions for obtaining early approval adult use dispensing organization licenses; creating s. 566.805, F.S.; levying a tax on the cultivation of cannabis; specifying the amount of the tax; providing for the collection, payment, and administration of the tax; providing for rulemaking; creating s. 566.806, F.S.; providing definitions; levying a tax on cannabis purchases; providing exceptions; providing for the collection, payment, and administration of the tax; requiring recordkeeping; prohibiting specified offenses concerning the tax; providing criminal penalties; providing for rulemaking; providing a contingent effective date.
AI Summary
This bill creates several new sections in Florida Statutes to establish fees and taxes related to the legalization of recreational marijuana in the state.
The key provisions are:
- Establishes various fees for licenses, applications, renewals, and other purposes related to early approval adult use dispensing organizations, conditional adult use dispensing organizations, adult use dispensing organizations, and other cannabis business entities.
- Imposes a 7% tax on the gross receipts from the first sale of cannabis by cultivators.
- Establishes a cannabis purchaser excise tax of 10-25% on the purchase price of cannabis products, depending on the THC content.
- Requires cannabis retailers to collect the cannabis purchaser excise tax from customers and remit it to the Department of Revenue.
- Provides for administration and enforcement of the new taxes, including registration requirements for cultivators and retailers, recordkeeping, payment schedules, and penalties for violations.
- States the bill will take effect on the same date as related legislation HB 549, if that bill is adopted in the same legislative session.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Died in Regulatory Reform Subcommittee (on 03/14/2022)
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/2022/551 |
| Bill | https://www.flsenate.gov/Session/Bill/2022/551/BillText/Filed/PDF |
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