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Legislative Year: 2023 Change
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Bill Detail: HB23-1020

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Title Social Equity Licenses In Regulated Marijuana
Status Introduced In House - Assigned to Business Affairs & Labor (01/09/2023)
Bill Subjects
  • Liquor, Tobacco, & Marijuana
House Sponsors N. Ricks (D)
Senate Sponsors
House Committee Business Affairs and Labor
Senate Committee
Date Introduced 01/09/2023
Summary

The bill creates an accelerator hospitality business license,
accelerator transporter license, and accelerator retail deliverer permittee
for social equity licensees qualified to participate in the accelerator
program.
The bill requires the department of revenue to provide an annual
report to the finance committees of the house of representatives and the
senate concerning active social equity licenses, any recommendations for
new social equity licenses and permits, and any recommendations for new
or innovating funding sources for the social equity licensees or
permittees.
Effective January 2, 2024, the bill amends the eligibility
requirements for a person to qualify as a social equity licensee. The bill
clarifies that the new eligibility requirements only apply to social equity
licensee applications received on or after January 2, 2024, or to the
reinstatement or reactivation of social equity licenses originally issued
before January 2, 2024. The new eligibility requirements do not apply to
the renewal of social equity licenses applied for or issued before January
2, 2024.
The bill authorizes a social equity licensee who satisfies the
eligibility requirements effective January 2, 2024, with a retail marijuana
transporter licensee and a retail marijuana delivery permit or an
accelerator retail deliverer permit, to exercise the privileges of a retail
marijuana store license without needing to obtain a retail marijuana store
license or accelerator store license.
The bill requires the department of revenue to create incentives for
social equity licensees and accelerator-endorsed licensees, including
reducing or waiving fees.
The bill creates, in the office of economic development, a grant
committee that is responsible for reviewing grant applications, selecting
grant recipients, and determining grant awards that are issued pursuant to
an existing grant program for supporting entrepreneurs in the marijuana
industry.

Committee Reports
with Amendments
None
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (01/24/2023) (most recent)  
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