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MN HF308

MN HF308
Illegal cannabis and controlled substance tax repealed, and related technical changes made.


summary

Introduced
02/10/2025
In Committee
02/10/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to taxation; repealing the tax on illegal cannabis and controlled substances; making related technical changes; amending Minnesota Statutes 2024, section 609.902, subdivision 4; repealing Minnesota Statutes 2024, sections 13.4967, subdivision 5; 297D.01; 297D.02; 297D.03; 297D.04; 297D.05; 297D.06; 297D.07; 297D.08; 297D.085; 297D.09, subdivisions 1, 1a, 2; 297D.10; 297D.11; 297D.12; 297D.13.

AI Summary

This bill appears to be a comprehensive repeal of Minnesota's tax laws related to illegal cannabis and controlled substances. The bill removes several sections of the existing statutes (297D.01 through 297D.13) that previously imposed taxes on illegal cannabis and controlled substances. Specifically, the bill amends section 609.902, subdivision 4, which defines "criminal act" by removing a reference to section 297D.09, and then proceeds to completely repeal the entire chapter governing taxation of illegal substances. The repealed sections include detailed definitions of illegal cannabis and controlled substances, tax rates, payment requirements, penalties, and confidentiality provisions. The bill sets an effective date of August 1, 2025, for these changes, which suggests a careful, planned approach to eliminating this tax framework. While the bill's title mentions "certificates of need for small modular reactors," the actual text focuses entirely on repealing tax laws related to illegal substances.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Hearing (10:15:00 2/11/2025 ) (on 02/11/2025)

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