SB 23-199 CO Became Law
Marijuana License Applications and Renewals
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Summary
A person applying for a marijuana license is required to pay both an application fee and a licensing fee. The act clarifies that the state licensing authority may issue a refund of a licensing fee if the marijuana license application is denied. Furthermore, the act states that the state licensing authority must retain the applicant's application fee, but a local licensing authority can choose to retain or refund an applicant's application fee. Current law requires a marijuana license applicant to obtain both a state license and local jurisdiction approval, and the state license is conditioned on local jurisdiction approval. The act provides an applicant the opportunity to renew, for up to one year, a state license that would otherwise expire because of failure to receive local jurisdiction approval at the discretion of the state licensing authority. For state fiscal year 2023-24, the act requires the state treasurer to transfer from the general fund an amount equal to the unused general fund appropriation in the department of revenue's IDS print production line item at the end of state fiscal year 2022-23 to the department's marijuana cash fund. APPROVED by Governor June 5, 2023 EFFECTIVE August 7, 2023 NOTE: This act was passed without a safety clause and takes effect 90 days after sine die. (Note: This summary applies to this bill as enacted.)
Sponsors (4)
- Nick Hinrichsen Democratic · primary
- Kevin Van Winkle · primary
- William Lindstedt Democratic · primary
- Ron Weinberg Republican · primary
Action history (15)
- Jun 5, 2023 Governor Signed · executive
- May 17, 2023 Sent to the Governor · executive
- May 17, 2023 Signed by the President of the Senate · upper
- May 16, 2023 Signed by the Speaker of the House · lower
- May 8, 2023 Senate Considered House Amendments - Result was to Concur - Repass · upper
- May 6, 2023 House Third Reading Passed - No Amendments · lower
- May 4, 2023 House Third Reading Laid Over Daily - No Amendments · lower
- May 3, 2023 House Second Reading Special Order - Passed with Amendments - Committee, Floor · lower
- Apr 26, 2023 House Second Reading Laid Over Daily - No Amendments · lower
- Apr 24, 2023 House Committee on Finance Refer Amended to House Committee of the Whole · lower
- Apr 17, 2023 Introduced In House - Assigned to Finance · lower
- Apr 17, 2023 Senate Third Reading Passed - No Amendments · upper
- Apr 14, 2023 Senate Second Reading Special Order - Passed with Amendments - Committee · upper
- Apr 11, 2023 Senate Committee on Finance Refer Amended - Consent Calendar to Senate Committee of the Whole · upper
- Mar 20, 2023 Introduced In Senate - Assigned to Finance · upper
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