HB 1077 CO

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Became Law

Current law imposes a tax on the first sale or transfer of unprocessed retail marijuana at a rate of 15% of the average market rate of the unprocessed retail marijuana. The 'average market rate' is currently defined as the average price, as determined by the department of revenue (department), of all unprocessed retail marijuana that is sold or transferred from retail marijuana cultivation facilities in the state to retail marijuana product manufacturing facilities or retail marijuana stores.     The act specifies that 'outdoor unprocessed retail marijuana' is cultivated under natural sunlight and weather conditions without artificial light or structures, except under limited specified circumstances, and 'indoor unprocessed retail marijuana' is cultivated in any manner other than 'outdoor unprocessed retail marijuana.'     The act also amends the existing definition of 'average market rate' to require separate rates for fresh frozen indoor unprocessed retail marijuana and fresh frozen outdoor unprocessed retail marijuana. The act requires the department to adopt rules to establish the rates for fresh frozen indoor unprocessed retail marijuana and fresh frozen outdoor unprocessed retail marijuana on or before July 1, 2027. In addition, the existing definition of 'average market rate' requires that unprocessed retail marijuana for extractions have a separate average market rate that is lower than the rate for unprocessed retail marijuana for direct sale to consumers. The act maintains this requirement.     The act also requires the department to publish a general description of the methodology and data sources used to establish the rate for each average market rate category of unprocessed retail marijuana.(Note: This summary applies to this bill as enacted.)

• R. Gonzalez Republican · sponsor
• J. Willford Democratic · sponsor
• W. Lindstedt Democratic · sponsor
• J. Marchman Democratic · sponsor
• M. Snyder Democratic · sponsor

1. Jun 3, 2026 Governor Signed · executive
2. Jun 2, 2026 Sent to the Governor · executive
3. Jun 2, 2026 Signed by the President of the Senate · upper
4. Jun 2, 2026 Signed by the Speaker of the House · lower
5. May 12, 2026 House Considered Senate Amendments - Result was to Concur - Repass · lower
6. May 11, 2026 Senate Third Reading Passed with Amendments - Floor · upper
7. May 8, 2026 Senate Second Reading Special Order - Passed with Amendments - Committee · upper
8. May 7, 2026 Senate Committee on Finance Refer Amended to Senate Committee of the Whole · upper
9. May 1, 2026 Introduced In Senate - Assigned to Finance · upper
10. Apr 30, 2026 House Third Reading Passed - No Amendments · lower
11. Apr 29, 2026 House Second Reading Special Order - Passed with Amendments - Committee · lower
12. Apr 28, 2026 House Committee on Appropriations Refer Amended to House Committee of the Whole · lower
13. Feb 26, 2026 House Committee on Finance Refer Unamended to Appropriations · lower
14. Feb 2, 2026 Introduced In House - Assigned to Finance · lower