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HB 7029: Taxation of Hemp Consumable THC Products

GENERAL BILL by Housing, Agriculture & Tourism Subcommittee ; Salzman

Taxation of Hemp Consumable THC Products; Provides excise taxes for hemp consumable THC products; requires manufacturers, wholesalers, & retailers to pay such taxes & submit specified reports to DACS; provides exception; provides for deposit & use of such taxes; requires certain manufacturers & wholesalers to complete & submit specified reports for hemp consumable THC products & maintain specified records; requires certain retailers to maintain records for hemp consumable THC products.

Effective Date: on the same date that HB 7027 or similar legislation takes effect
Last Action: 4/3/2025 House - 1st Reading (Original Filed Version)
Bill Text: PDF



Bill History

Date Chamber Action
4/2/2025 House • Filed
4/3/2025 House • 1st Reading (Original Filed Version)