Jonathan Singer
- Democratic
Primary
The bill allows the state licensing authority to authorize single-instance transfers of retail marijuana or retail marijuana products from a retail marijuana licensee to a medical marijuana licensee. If granted, the transfer must be completed within 30 days of the date the transfer was approved. A retail marijuana license that is subject to suspension is not eligible for the transfer and any retail marijuana or retail marijuana product that is subject to an administrative hold is not eligible for transfer. Under current law, the department of revenue determines the average market rate for purposes of excise tax collection on retail marijuana every 6 months. The bill gives the department the authority to calculate the average market rate on a quarterly basis. The average market rate cannot include taxes paid on sales or transfers. The bill requires a separate average market rate for unprocessed marijuana for extraction that is lower than the average market rate for unprocessed marijuana for direct sale. The bill states that the average market rate should be used to calculate the state excise tax on affiliated transactions, and the contract price should be used to calculate the excise tax on unaffiliated transactions. The bill clarifies that the average market rate will be used to calculate the excise tax on all county, municipal, or metropolitan district transactions. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Governor Signed
Sent to the Governor
Signed by the Speaker of the House
Signed by the President of the Senate
Senate Considered House Amendments - Result was to Concur - Repass
Senate Considered House Amendments - Result was to Reconsider
Senate Considered House Amendments - Result was to Concur - Repass
House Third Reading Passed - No Amendments
House Second Reading Special Order - Passed with Amendments - Committee, Floor
House Second Reading Laid Over Daily - No Amendments
House Second Reading Laid Over Daily - No Amendments
House Second Reading Special Order - Laid Over Daily - No Amendments
House Committee on Appropriations Refer Unamended to House Committee of the Whole
House Committee on Finance Refer Amended to Appropriations
Introduced In House - Assigned to Finance + Appropriations
Senate Third Reading Passed - No Amendments
Senate Second Reading Passed with Amendments - Committee, Floor
Senate Second Reading Laid Over Daily - No Amendments
Senate Committee on Appropriations Refer Amended to Senate Committee of the Whole
Senate Committee on Finance Refer Amended to Appropriations
Senate Committee on Business, Labor, & Technology Refer Amended to Finance
Senate Committee on Business, Labor, & Technology Witness Testimony and/or Committee Discussion Only
Introduced In Senate - Assigned to Business, Labor, & Technology
| Bill Text Versions | Format |
|---|---|
| Amendment L.006 | |
| Amendment L.007 | |
| Amendment L.005 | |
| Amendment L.015 | |
| Amendment L.014 | |
| Amendment L.013 | |
| Amendment L.012 | |
| Amendment L.017 | |
| Amendment L.016 | |
| Amendment L.022 | |
| Committee Amendment | |
| PA1 (03/09/2017) | |
| PA2 (03/17/2017) | |
| PA3 (04/06/2017) | |
| PA4 (05/02/2017) | |
| Introduced (02/14/2017) | |
| Engrossed (04/11/2017) | |
| Reengrossed (04/12/2017) | |
| Revised (05/05/2017) | |
| Rerevised (05/08/2017) | |
| Final Act (05/18/2017) | |
| Signed Act (06/02/2017) |
| Document | Format |
|---|---|
| Fiscal Note SA1 (05/02/2017) | |
| Fiscal Note FN1 (02/28/2017) | |
| Fiscal Note FN2 (04/05/2017) | |
| Fiscal Note FN3 (04/25/2017) | |
| Fiscal Note FN4 (09/15/2017) |
Data on Open States is updated periodically throughout the day from the official website of the Colorado General Assembly.
If you notice any inconsistencies with these official sources, feel free to file an issue.