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Bill > HB620
LA HB620
LA HB620Levies a tax on retail sales of cannabis and dedicates revenues derived from the tax (OR SEE FISC NOTE GF RV)
summary
Introduced
04/18/2023
04/18/2023
In Committee
04/19/2023
04/19/2023
Crossed Over
Passed
Dead
06/08/2023
06/08/2023
Introduced Session
Potential new amendment
2023 Regular Session
Bill Summary
Levies a tax on retail sales of cannabis and dedicates revenues derived from the tax (OR SEE FISC NOTE GF RV)
AI Summary
This bill levies a 15% tax on retail sales of cannabis, with 20% of the tax revenue being deposited into the Louisiana Early Childhood Education Fund and 30% being appropriated to the Louisiana Supreme Court for the Justice System Funding Program. The bill also defines key terms like "cannabis" and "cannabis retail sale," and grants the Department of Revenue the authority to collect, supervise, and enforce the tax. The bill will become effective when a system of regulation for the lawful cultivation, processing, and manufacturing of cannabis is established in Louisiana.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
House Committee on Ways & Means (09:00:00 5/8/2023 Room 6) (on 05/08/2023)
Bill Topics
Education
- ‐ Elementary and Secondary Education
Law, Crime, and Family Issues
- ‐ Court Administration
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.legis.la.gov/legis/BillInfo.aspx?s=23rs&b=HB620&sbi=y | 04/18/2023 |
| House Committee Amendment #2439 W&M Draft | https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1319519 | 05/08/2023 |
| Fiscal Note - HB620 Original | https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1316621 | 04/27/2023 |
| BillText | https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1312758 | 04/18/2023 |
| Analysis - Digest of HB620 Original | https://www.legis.la.gov/Legis/ViewDocument.aspx?d=1312759 | 04/18/2023 |
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