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Bill > SB2468
TN SB2468
TN SB2468AN ACT to amend Tennessee Code Annotated, Title 29, Chapter 38; Title 39; Title 40; Title 53, Chapter 11; Title 67; Title 68 and Title 71, relative to marijuana.
summary
Introduced
01/30/2024
01/30/2024
In Committee
Crossed Over
Passed
Dead
04/25/2024
04/25/2024
Introduced Session
113th General Assembly
Bill Summary
As introduced, authorizes the retail sale of marijuana; levies a 12 percent tax on the retail sale of marijuana. - Amends TCA Title 29, Chapter 38; Title 39; Title 40; Title 53, Chapter 11; Title 67; Title 68 and Title 71.
AI Summary
This bill authorizes the retail sale of marijuana in Tennessee, subject to certain requirements. It amends various sections of the Tennessee Code to decriminalize possession of small amounts of marijuana, create a licensing and regulatory framework for the cultivation, processing, and sale of marijuana, and levy a 12% tax on the retail sale of marijuana. The tax revenue is to be allocated to the state's general fund, educational purposes, and a special infrastructure account. The bill takes effect on July 1, 2024.
Committee Categories
Justice
Sponsors (1)
Last Action
Assigned to General Subcommittee of Senate Judiciary Committee (on 04/02/2024)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB2468&ga=113 |
| Fiscal Note - HB2413 | https://www.capitol.tn.gov/Bills/113/Fiscal/HB2413.pdf |
| BillText | https://www.capitol.tn.gov/Bills/113/Bill/SB2468.pdf |
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