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Legislative Year: 2020 Change

Bill Detail: HB20-1401

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Title Marijuana Tax Cash Fund Spending And Transfer
Status Governor Signed (06/29/2020)
Bill Subjects
  • State Revenue & Budget
House Sponsors D. Esgar (D)
K. Ransom (R)
Senate Sponsors D. Moreno (D)
B. Rankin (R)
House Committee Appropriations
Senate Committee Appropriations
Date Introduced 05/26/2020

Joint Budget Committee. The bill repeals the prohibition on the
general assembly appropriating the bulk of the money from the marijuana

tax cash fund until the year following the year that the revenue is received
by the state. Instead, the general assembly will be permitted to appropriate
the money in the fund in the same year that the revenue is received,
subject to the same reserve requirement. This change immediately
increases the uncommitted balance in the fund for state fiscal year
2020-21, and the state treasurer is required to transfer $136,989,750 from
the fund to the general fund on October 1, 2020. The reserve is also
clarified in light of this change.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (08/07/2020) (most recent)  
Additional Bill Documents Bill Documents
  • Past bill versions
  • Past fiscal notes
  • Committee activity and documents
  • Bill History
Lobbyists Lobbyists
Audio [This feature is available by subscription.]  
Votes House and Senate Votes
Vote Totals Vote Totals by Party
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