Marijuana tax; revenue allocations. (SB107)

Introduced By

Sen. Tommy Norment (R-Williamsburg)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Marijuana tax; revenue allocations. Reallocates revenues from the state marijuana tax so that the 30 percent currently allocated to the Cannabis Equity Reinvestment Fund would be reallocated to the general fund. Read the Bill »

Status

01/06/2022: Awaiting a Vote in the Finance and Appropriations Committee

History

DateAction
01/06/2022Prefiled and ordered printed; offered 01/12/22 22100683D
01/06/2022Referred to Committee on Finance and Appropriations
01/20/2022Impact statement from DPB (SB107)

Comments

ChangeServant, tracking this bill in Photosynthesis, notes:

Ask your Senator to vote NO on this bill that would transfer all marijuana tax revenues from the equity fund (meant to help repair the damage done to Black and Brown communities by the war on drugs) to the general revenues where the money can be spent for anything. This basically guts one of the major policy objectives of the marijuana legalization bill.

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