summary
Introduced
03/17/2023
03/17/2023
In Committee
05/11/2024
05/11/2024
Crossed Over
05/10/2024
05/10/2024
Passed
Dead
05/16/2024
05/16/2024
Introduced Session
33rd Legislature
Bill Summary
An Act relating to the lawful operation of retail marijuana stores; relating to the registration of marijuana establishments; relating to marijuana taxes; and providing for an effective date.
AI Summary
This bill amends Alaska's laws related to the lawful operation of retail marijuana stores, the registration of marijuana establishments, and marijuana taxes. Key provisions include:
- Allowing retail marijuana stores to deliver or transfer marijuana or marijuana products to consumers, marijuana cultivation facilities, and marijuana product manufacturing facilities.
- Changing the registration process for marijuana establishments, including requiring fingerprints and criminal background checks every 6 years (instead of 5) and making registrations biennial (instead of annual).
- Establishing a 7% sales tax on the sale of marijuana and marijuana products from retail marijuana stores to consumers.
- Reducing the excise tax on the sale or transfer of marijuana from cultivation facilities to retail stores or manufacturing facilities from $50 per ounce to $12.50 per ounce.
- Requiring retail marijuana stores to submit quarterly (instead of monthly) statements and tax payments to the state.
The bill also makes some other technical and administrative changes to the state's marijuana laws.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (0)
No sponsors listed
Other Sponsors (1)
Rules (House)
Last Action
REFERRED TO FINANCE (on 05/11/2024)
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.akleg.gov/basis/Bill/Detail/33?Root=HB119 |
| BillText | https://www.akleg.gov/PDF/33/Bills/HB0119C.PDF |
| BillText | https://www.akleg.gov/PDF/33/Bills/HB0119B.PDF |
| BillText | https://www.akleg.gov/PDF/33/Bills/HB0119A.PDF |
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