Legislative Alert – April 2, 2018

 

Capitol

As the California Legislature returns from Spring Recess, policy committees will begin hearing bills to meet the April 27, deadline to report all bills with a fiscal impact to the Appropriations Committee. Here’s a list of bills that have been scheduled for a hearing over the next few weeks.

AB 1741 (Bonta) Cannabis: taxation: electronic funds transfer. This bill, until January 1, 2022, would allow cannabis businesses to pay their taxes with cash. Currently, the Department of Tax and Fee Administration (CDTFA) requires all tax amounts owed over $10,000 to be remitted electronically, or the taxpayer can request a hardship exemption. Without a current solution to provide stable bank services to the industry, taxes will mostly likely continue to be paid primarily in cash. This bill requires a two-thirds vote by the Legislature.

This bill is scheduled to be heard in the Assembly Revenue and Taxation Committee on April 16, at 2:30p.m.

AB 2058 (Chau) Vehicles: driving under the influence: statistics. This bill requires law enforcement agencies to submit annual reports with the number of cannabis-related DUI arrests to the Department of Motor Vehicles. One of the key concerns by public safety groups in all states that have legalized recreational adult-use is that DUI incidents go up after legalization. AB 2058 appears to be an effort to gather the data to really see if that’s the case.

This bill is scheduled to be heard in the Assembly Transportation Committee on April 9, at 2:30p.m.

AB 2641 (Wood) Temporary Events. This bill would authorize the Bureau of Cannabis Control (BCC) to issue a temporary event license, and would allow cultivators and manufacturers to directly market and sell their products at special events. This bill has industry support and requires a two-thirds vote of the Legislature.

This bill is scheduled to be heard in the Assembly Business and Professions Committee on April 10, at 9:30a.m.

AB 2810 (Levine) Sun-Grown Cannabis Commission. This bill creates the Sun-Grown Cannabis Commission that will be comprised of six outdoor cannabis cultivators, two cannabis cultivators that have an “Outdoor” or “Mixed-light Tier 1” license, and one public member that is appointed by the Secretary of Food and Ag. The Commission would have powers to conduct research, assess and address the impact of local and state regulations on cannabis products.

This bill is scheduled to be heard in the Assembly Agriculture Committee on April 11, at 1:30p.m.

SB 930 (Hertzberg) Financial institutions: cannabis. This bill creates the Cannabis Limited Charter Banking Law, that would allow banks to offer basic financial services to the cannabis industry. Click here to read our initial analysis of the bill.

This bill is scheduled to be heard in the Senate Banking and Financial Institutions Committee on April 18, at 1:30p.m.

SB 1409 (Wilk) Industrial hemp. This bill would delete the requirement that industrial hemp seed cultivars be certified on or before January 1, 2013, in order to be included on the list of approved hemp seed cultivars. The bill would also remove the definition “industrial hemp” from the California Uniform Controlled Substances Act as a fiber or oilseed crop, and delete the requirement that industrial hemp be grown as a fiber or oilseed crop, or both. This update of hemp seed cultivation law could help spur the use of hemp for CBD products.

This bill is scheduled to be heard in the Senate Agriculture Committee on April 3, at 9:30a.m.


Questions about legislation? Contact us at info@thecannabisfile.com or here.

 

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