House Bill 7029 Taxation of Hemp Consumable THC Products

Bill Introduced

2025 Regular

Bill Summary

Provides excise taxes for hemp consumable THC products; requires dealers of hemp consumable THC products to register with DACS; provides for allocation & disposition of excise tax proceeds; provides for excise tax returns & remittance of such taxes; provides powers of DACS; declares excise taxes on hemp consumable THC products are government funds; provides for certain penalties & warrants; provides for record keeping, inspections, & audits, delinquencies & fraudulent activities; provides circuit court jurisdiction for violations; authorizes DACS to adopt emergency rules.

Subject

Some type of bill category

Sponsors

, , Salzman

Last Action

Now in Commerce Committee on (4/18/2025)

Made with ♥ by Together, Not For

follow us on socials
together, not for © 2025