Maryland Senators Discuss Putting Marijuana Legalization On Ballot, Delaying Regulations Until Next Year, In Committee

Maryland Senators Discuss Putting Marijuana Legalization On Ballot, Delaying Regulations Until Next Year, In Committee
MJ moment

Maryland senators on Monday signaled that they may follow the House’s lead by putting the issue of marijuana legalization on the state’s November ballot and delay creating comprehensive regulations for the market until next year after voters make their decision. Monday’s hearing before the Senate Finance Committee was a whirlwind. There were three marijuana reform bills on the agenda: two from Del. Luke Clippinger (D) that already passed the House and another from Sen. Brian Feldman (D). But rather than tackle each proposal one-by-one, members discussed possible revisions to the Senate bill to more closely align it with one of Clippinger’s bills on setting preliminary rules if voters approve legalization at the ballot. As drafted, Feldman’s SB 833 would have not only placed legalization on the ballot but also prescribed specific regulations for the would-be market, setting tax rates on marijuana products and creating licensing policies, for example. In committee, that language was largely scrapped in a proposed revised version—replaced with most of the provisions of the House-passed HB 837, which largely focuses on topics such as penalties and expungements. With the changes, the modified Senate bill would leave it up to legislators to develop a more comprehensive regulatory framework if the other House bill, HB 1, is enacted and voters approve the resulting ballot referendum. The newly proposed version of SB 833 would also incorporate provisions of other cannabis legislation that’s been introduced this session, such as the creation of a community reinvestment fund and the allowance of state tax deductions for certain cannabis-related expenses that marijuana businesses are barred from claiming under current federal tax code. — Marijuana Moment is already tracking more than 1,000 cannabis, psychedelics and drug policy bills in state legislatures and Congress this year. Patreon supporters pledging at least $25/month get access to our…

Excerpt only …
READ MORE BELOW
Source : Maryland Senators Discuss Putting Marijuana Legalization On Ballot, Delaying Regulations Until Next Year, In Committee

reposted by Cannabis News World

This site uses Akismet to reduce spam. Learn how your comment data is processed.