Bill > SB0101

This bill amends various Utah statutes to redefine and regulate "specialized products," which now encompass both cannabinoid products (excluding medical cannabis) and kratom products, and to establish a licensing and tax framework for their sale. Key provisions include allowing the Department of Agriculture and Food to set registration fees for cannabinoid products until January 1, 2029, and for kratom products until January 1, 2029, with fines for unregistered sales. The bill also changes the definition of "cannabinoid product" to be more specific and introduces a new definition for "kratom product," consolidating them under the umbrella term "specialized product." Retailers selling these specialized products will need a fixed-location license from the Tax Commission, which will cost $50 and be valid for three years, and they will be subject to a 5.3% sales tax on the retail price, collected from the consumer. The bill also clarifies that the State Tax Commission can share information regarding specialized product sellers with the Department of Agriculture and Food and establishes that revenue from the specialized product tax will go into a restricted account for specific enforcement and program purposes.

Budget and Finance, Business and Industry

https://le.utah.gov/~2026/bills/static/SB0101.html