Bill

Bill > SB0099


IN SB0099

IN SB0099
Cannabis regulation.


summary

Introduced
01/08/2024
In Committee
01/08/2024
Crossed Over
Passed
Dead
03/15/2024

Introduced Session

2024 Regular Session

Bill Summary

Cannabis regulation. Permits the use of cannabis by: (1) a person at least 21 years of age; and (2) a person with a serious medical condition as determined by the person's physician. Establishes the adult use cannabis excise tax, and requires a retailer to transfer the tax to the department of state revenue for deposit in the state general fund. Exempts veterans from payment of the sales tax on medical or adult use cannabis. Establishes a cannabis program (program) to permit the cultivation, processing, testing, transportation, and sale of cannabis by holders of a valid permit. Establishes the Indiana cannabis commission (ICC) as a state agency to oversee, implement, and enforce the program, and establishes the ICC advisory committee to review the effectiveness of the program. Requires that permit holders take steps to prevent diversion of cannabis to unauthorized persons. Requires that cannabis and cannabis products be properly labeled, placed in child resistant packaging, and tested by an independent testing laboratory before being made available for purchase. Prohibits packaging cannabis in a manner that is appealing to children. Authorizes research on cannabis in accordance with rules set forth by the ICC. Establishes a procedure for the expungement of a cannabis related conviction if the act constituting the conviction becomes legal. Makes conforming amendments.

AI Summary

This bill establishes the cannabis regulation in Indiana. It permits the use of cannabis by a person at least 21 years of age and a person with a serious medical condition. It establishes the adult use cannabis excise tax and requires a retailer to transfer the tax to the department of state revenue for deposit in the state general fund. It exempts veterans from payment of the sales tax on medical or adult use cannabis. It establishes a cannabis program to permit the cultivation, processing, testing, transportation, and sale of cannabis by holders of a valid permit. It establishes the Indiana cannabis commission as a state agency to oversee, implement, and enforce the program, and establishes the ICC advisory committee to review the effectiveness of the program. It requires permit holders to take steps to prevent diversion of cannabis to unauthorized persons. It requires cannabis and cannabis products to be properly labeled, placed in child resistant packaging, and tested by an independent testing laboratory before being made available for purchase. It prohibits packaging cannabis in a manner that is appealing to children. It authorizes research on cannabis in accordance with rules set forth by the ICC. It establishes a procedure for the expungement of a cannabis related conviction if the act constituting the conviction becomes legal. It makes conforming amendments.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Senator Qaddoura added as third author (on 01/10/2024)

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