HB 1409 CO Became Law
Marijuana Tax Cash Fund Distributions
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Summary
Current law requires 3.5% of the gross retail marijuana sales tax revenue to be distributed to local governments. The act eliminates the distribution to local governments and allocates the gross retail marijuana sales tax revenue as follows, on and after July 1, 2026:73.17% to the marijuana tax cash fund (fund);11.33% to the state public school fund;1.5% to the marijuana cash fund; and14% to the general fund. The act also directs the state treasurer to transfer from the fund to the state public school fund on June 30, 2027, and on each June 30 thereafter, an amount equal to the difference between the balance of the fund and:15% of the amount that the general assembly appropriated from the fund in that fiscal year; andAny amount of the fund designated to be part of the emergency reserve for that fiscal year.(Note: This summary applies to this bill as enacted.)
Sponsors (6)
- K. Brown Democratic · sponsor
- E. Sirota Democratic · sponsor
- J. Bridges Democratic · sponsor
- B. Kirkmeyer Republican · sponsor
- R. Taggart Republican · sponsor
- J. Amabile Democratic · sponsor
1 coauthor / cosponsor
- M. Carter Democratic · cosponsor
Action history (17)
- Jun 4, 2026 Governor Signed · executive
- Jun 3, 2026 Sent to the Governor · executive
- Jun 3, 2026 Signed by the President of the Senate · upper
- Jun 3, 2026 Signed by the Speaker of the House · lower
- Apr 28, 2026 House Consideration of First Conference Committee Report result was to Adopt Committee Report - Repass · lower
- Apr 24, 2026 Senate Consideration of First Conference Committee Report result was to Adopt Committee Report - Repass · upper
- Apr 17, 2026 House Considered Senate Amendments - Result was to Not Concur - Request Conference Committee · lower
- Apr 16, 2026 Senate Third Reading Passed - No Amendments · upper
- Apr 15, 2026 Senate Second Reading Special Order - Passed with Amendments - Floor · upper
- Apr 14, 2026 Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole · upper
- Apr 13, 2026 Introduced In Senate - Assigned to Appropriations · upper
- Apr 11, 2026 House Third Reading Passed - No Amendments · lower
- Apr 10, 2026 House Third Reading Laid Over Daily - No Amendments · lower
- Apr 9, 2026 House Second Reading Special Order - Passed - No Amendments · lower
- Apr 8, 2026 House Second Reading Special Order - Laid Over Daily - No Amendments · lower
- Apr 7, 2026 House Committee on Appropriations Refer Unamended to House Committee of the Whole · lower
- Apr 2, 2026 Introduced In House - Assigned to Appropriations · lower
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