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AR SB219

AR SB219
To Repeal The Sunset Provision Of The Arkansas Medical Marijuana Special Privilege Tax Act Of 2017; And To Declare An Emergency.


summary

Introduced
02/12/2025
In Committee
03/13/2025
Crossed Over
03/06/2025
Passed
03/18/2025
Dead
Signed/Enacted/Adopted
03/20/2025

Introduced Session

95th General Assembly (2025 Regular)

Bill Summary

AN ACT TO REPEAL THE SUNSET PROVISION OF THE ARKANSAS MEDICAL MARIJUANA SPECIAL PRIVILEGE TAX ACT OF 2017; TO DECLARE AN EMERGENCY; AND FOR OTHER PURPOSES.

AI Summary

This bill repeals the sunset provision of the Arkansas Medical Marijuana Special Privilege Tax Act of 2017, which was originally set to expire on July 1, 2025. By removing the expiration clause in Section 1, the bill ensures that the special privilege tax on medical marijuana will continue beyond the previously established end date. The bill includes an emergency clause in Section 2, which highlights the legislative intent to maintain the current tax structure for medical marijuana and ensure uninterrupted, consistent tax administration. The emergency provision allows the bill to take effect immediately upon the Governor's approval, the expiration of the Governor's review period, or the override of a potential gubernatorial veto. This legislation effectively makes the special privilege tax on medical marijuana a permanent feature of Arkansas tax law, removing the previous temporary status of the tax.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Notification that SB219 is now Act 380 (on 03/20/2025)

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