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
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) |