Bill > HB0962

This bill creates a framework for local governments in Tennessee to establish Hemp-Derived Cannabinoid Product (HDCP) boards that can regulate the sale of hemp-derived cannabinoid products within their jurisdictions. Under this legislation, local governments can create an HDCP board by majority vote, which can then require retailers selling these products to obtain a permit at a cost of $250 per retail location, renewed annually. The local HDCP board can regulate HDCP sales as long as the regulations do not conflict with state law, and local law enforcement agencies may enforce these regulations, conduct random inspections of retailers, and impose penalties for non-compliance. Penalties can include a civil penalty of $1,000 per violation, permit revocation for up to one year, and potential ineligibility for permit renewal. The bill mandates that permit fees and civil penalties be deposited into the local government's general fund and specifically tracked for enforcement purposes. The legislation amends Tennessee Code Annotated in Titles 39 and 43, Chapter 27, and will take effect on July 1, 2025.

Budget and Finance, Business and Industry, Justice

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB0962&ga=114