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Commerce secretary says HB 24-30 SD1 secures 25% cannabis tax share for schools while shifting regulation

Senate Fiscal Affairs Committee · February 10, 2026

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Summary

Secretary of Commerce Remedia Mofnes told the Senate Fiscal Affairs Committee that House Bill 24-30 SD1 is a narrow fiscal measure to fund existing regulatory responsibilities after Executive Order 2025-005 consolidated cannabis regulation into the Department of Commerce, and that the bill segregates the statutory 25% cannabis tax share for the Public School System into a protected subaccount.

The Department of Commerce told the Senate Fiscal Affairs Committee on Feb. 10 that House Bill 24-30 SD1 is a limited appropriations and fiscal-management measure and does not expand cannabis policy or create new programs.

Secretary Remedia Mofnes, appearing before the committee, said the bill provides a lawful funding mechanism for regulatory responsibilities now consolidated under the Department of Commerce’s Alcohol, Beverage and Tobacco Control Division. She emphasized that Senate Draft 1 strengthens protections for public-school funding by explicitly segregating the statutorily required 25% share of the cannabis tax into a separate subaccount. "Those funds are reserved and cannot be spent unless appropriated by the legislature," Mofnes told the committee.

Chair members earlier recounted that Governor-issued Executive Order 2025-005 consolidated cannabis regulatory functions into Commerce. The Senate voted to disapprove the order on Jan. 16, 2026, but the House did not act within the constitutional review window; as a result, the secretary said, the EO took effect and regulatory responsibility lies with Commerce.

Mofnes described HB 24-30 SD1 as a narrow fiscal vehicle that does not change cannabis policy, noting the draft seeks to ensure that the legislatively required allocation for the Public School System remains protected and segregated until the legislature appropriates it.

What happens next: Committee members indicated they had additional questions for the secretary and staff; the transcript ends with the secretary’s presentation and does not record a committee vote on HB 24-30 SD1 in the provided segments.