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Finance Committee approves technical fix to implement Issue 2, tightens rules for intoxicating hemp and THC beverages
Summary
The House Finance Committee voted to favorably report a substitute to Senate Bill 56 that implements technical fixes to Issue 2, sets THC-content thresholds and licensing rules for intoxicating hemp and certain THC beverages, and authorizes distribution of host-community tax revenues.
The House Finance Committee voted to favorably report the substitute to Senate Bill 56, a package to implement aspects of Issue 2, clarify expungement rules, regulate intoxicating hemp products and certain THC beverages, and authorize distribution of host-community funds. Chair Stewart and sponsors described the substitute as a technical and policy update intended to preserve the core elements of Issue 2 while addressing implementation defects identified by the Department of Taxation; the committee vote on the motion to recommend passage was announced as 28 yes and 2 no.
Sponsors said the substitute harmonizes several provisions: it removes a requirement that a person seeking expungement of a misdemeanor marijuana charge…
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