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Committee backs bill to tax kratom and other "specialized products" to fund inspections
Summary
S.B. 101 renames the existing cannabinoid tax account to a "specialized product" account and would apply a tax to kratom (if legal) and similar products so revenues fund inspections and program administration; the committee adopted a sponsor amendment and recommended the bill favorably.
Sen. Vickers told the Senate Business and Labor Committee that S.B. 101 would rename the current cannabinoid tax and expand it to include kratom and other specialized products so proceeds fund inspections and enforcement by the Department of Agriculture and Food. Dr. Brandon Forsyth, director of the Specialized Products Division, said the division’s program costs have…
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