MD SB927 | 2017 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on February 3 2017 - 25% progression, died in chamber
Action: 2017-03-08 - Hearing 3/08 at 1:00 p.m. (Budget and Taxation)
Text: Latest bill text (Introduced) [PDF]

Summary

Establishing an excise tax on specified sales of cannabis; providing for the distribution of cannabis excise tax revenues; establishing specified excise tax rates on the sale of cannabis; excluding specified sales of cannabis from the excise tax; requiring the State Comptroller to administer the cannabis excise tax and adopt specified regulations; establishing the Cannabis Tax Distribution Fund as a special, nonlapsing fund to provide supplemental funding for specified programs and purposes; etc.

Tracking Information

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Title

Excise Tax and Sales Tax - Cannabis

Sponsors


History

DateChamberAction
2017-03-08SenateHearing 3/08 at 1:00 p.m. (Budget and Taxation)
2017-02-03SenateFirst Reading Budget and Taxation and Judicial Proceedings

Subjects


Maryland State Sources


Bill Comments

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