MD HB416 | 2020 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 37-0)
Status: Introduced on January 23 2020 - 25% progression, died in committee
Action: 2020-02-04 - Hearing 2/19 at 1:00 p.m.
Pending: House Health and Government Operations Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Establishing the Medical Cannabis Business Development Fund to provide financial assistance and grants relating to small, minority and women business owners; requiring the Department of Housing and Community Development to administer the Fund; requiring the Comptroller to determine the State income tax paid by each owner of a licensed medical cannabis entity that is attributable to income derived from the medical cannabis industry and distribute 2% of that amount into the fund; requiring the Department to make a certain report; etc.

Tracking Information

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Title

Medical Cannabis - Medical Cannabis Business Development Fund - Establishment

Sponsors


History

DateChamberAction
2020-02-04HouseHearing 2/19 at 1:00 p.m.
2020-01-23HouseFirst Reading Health and Government Operations

Subjects


Code Citations

ChapterArticleSectionCitation TypeStatute Text
Health - General133302(n/a)See Bill Text
Health - General133303.2(n/a)See Bill Text
State Finance and Procurement6226(n/a)See Bill Text
Tax - General2608.2(n/a)See Bill Text
Tax - General2609(n/a)See Bill Text

Maryland State Sources


Bill Comments

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