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