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SB 23-045 CO
Introduced

Marijuana Financial Responsibility Requirements

CO · session 2023A · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 12, 2023

Latest action (Feb 14, 2023) Introduced In Senate - Assigned to Business, Labor, & Technology

Summary

The bill prohibits the state licensing authority from issuing or renewing a marijuana license unless the applicant or licensee shows proof of financial responsibility in an amount of not less than $100,000 for each license. The mechanism of financial responsibility must include coverage for liability for bodily injury to lawful users resulting from the manufacture, distribution, transportation, or sale of adulterated marijuana or adulterated marijuana-infused products.(Note: This summary applies to this bill as introduced.)

Sponsor (1)

Action history (2)

  1. Feb 14, 2023 Senate Committee on Business, Labor, & Technology Postpone Indefinitely · upper
  2. Jan 12, 2023 Introduced In Senate - Assigned to Business, Labor, & Technology · upper

Text versions (2)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced (01/12/2023) · PDF
  • Committee Amendment · PDF

Full text

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Data from OpenStates. View on OpenStates →