29th Legislature, 2018
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SB2537       (?)


Measure Title: RELATING TO CANNABIS.
Report Title: Cannabis; Legalization; Drug Treatment Special Fund; Medical Cannabis; General Excise Tax; Exemption
Description: Legalizes under state law the growing, processing, possession, transfer, and personal use of cannabis in a specified quantity to persons at least twenty-one years of age. Requires licensing to operate cannabis establishments. Specifies that fifty per cent of general excise tax revenues collected for the sale of cannabis or cannabis products shall be deposited into the drug treatment special fund. Exempts the sale of cannabis or manufactured cannabis products by medical cannabis dispensaries from the state general excise tax. Specifies the application and non-application of the Internal Revenue Code to expenses related to the production and sale of cannabis and cannabis products for state income tax purposes. Specifies that amounts received for the sale of cannabis or cannabis products are exempt from the state general excise tax.
Companion:
Package: None
Current Referral: CPH/JDC, WAM
Introducer(s): GREEN, ESPERO, RUDERMAN

Sort by Date Status Text
1/19/2018SIntroduced.
1/22/2018SPassed First Reading.
1/24/2018SReferred to CPH/JDC, WAM.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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SB2537




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