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Bill > HB1282


IN HB1282

IN HB1282
Cannabis regulation.


summary

Introduced
01/09/2024
In Committee
01/09/2024
Crossed Over
Passed
Dead
03/15/2024

Introduced Session

2024 Regular Session

Bill Summary

Cannabis regulation. Establishes a procedure for the lawful production and sale of cannabis in Indiana. Makes conforming amendments. Makes an appropriation.

AI Summary

This bill establishes a procedure for the lawful production and sale of cannabis in Indiana. The key provisions include: - Imposing a 10% excise tax on the sale of cannabis, with the revenue going to a cannabis regulation fund. - Creating a cannabis commission to regulate the industry, including issuing permits for growers, processors, retailers, and testing facilities. - Setting requirements for cannabis businesses, including safety and security standards, training for employees, and restrictions on advertising and marketing. - Allowing individuals to personally cultivate up to 4 cannabis plants for personal use without a permit. - Providing a process for counties to hold a referendum to prohibit retail cannabis sales for 5 years. - Making conforming amendments to other laws, such as those related to operating a vehicle while intoxicated and controlled substances. - Appropriating funds to the cannabis commission to implement and administer the new regulatory system. The bill aims to establish a legal and regulated cannabis market in Indiana, while also maintaining restrictions and oversight to address public health and safety concerns.

Committee Categories

Justice

Sponsors (1)

Last Action

First reading: referred to Committee on Courts and Criminal Code (on 01/09/2024)

Taxonomy

Banking, Finance, and Domestic Commerce
  • ‐ General Banking, Finance, and Domestic Commerce
Law, Crime, and Family Issues
  • ‐ Illegal Drugs and Narcotics Control
Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform

bill text


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