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Bill Detail: HB18-1101

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Title Retail Marijuana Sales Tax Appropriations For Schools
Status Governor Signed (03/15/2018)
Bill Subjects
  • Capital Construction
  • Education & School Finance (Pre & K-12)
House Sponsors M. Hamner (D)
Senate Sponsors K. Lambert (R)
House Committee Finance
Senate Committee Appropriations
Date Introduced 01/18/2018
Description

Joint Budget Committee. Beginning in state fiscal year 2018-19,
current law:

  • Requires 12.59% of the gross retail marijuana sales tax
revenue remaining in the general fund after a required
allocation of 10% of the revenue to local governments to be
transferred to the state public school fund; and
  • Continuously appropriates that revenue for the same state
fiscal year in which ...
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