Marijuana Tax Cash Fund Spending And Transfer
Summary
The act 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. The fund reserve is clarified in light of this change. The state treasurer is required to transfer $136,989,750 from the fund to the general fund on October 1, 2020. (Note: This summary applies to this bill as enacted.)
Bill status
signed
all 5 stages cleared
Introduction
May 2020
Committee Review
Jun 2020
House Passage
Jun 2020
Senate Passage
Jun 2020
Signed into Law
Jun 2020
Introduced May 26, 2020
Signed Jun 29, 2020
Floor votes · Senate Jun 6, 2020 · House Jun 3, 2020
How they voted
21–11
Passed · 2 other
Total votes 34
Jun 6, 2020
D
Democratic19
94% Yea
R
Republican15
73% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
15
Key actions
5
Committee
2
Jun 29, 2020
Signed into law
Governor Signed
executive
Jun 6, 2020
Senate · Passed
Senate Vote: pass (21-11-2)
senate
Jun 4, 2020
Upper · Passed
Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
upper
Jun 3, 2020
House · Passed
House Vote: pass (47-17-1)
house
Jun 3, 2020
Introduced
Introduced In Senate - Assigned to Appropriations
upper
May 27, 2020
Lower · Passed
House Committee on Appropriations Refer Unamended to House Committee of the Whole
lower
May 26, 2020
Introduced
Introduced In House - Assigned to Appropriations
lower
4 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bob Rankin
RRepublican
P
Daneya Esgar
DDemocratic
P
DM
Dominick Moreno
DDemocratic
P
Kim Ransom
RRepublican
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