Marijuana Revenue and Regulation Act
- Last Action
- 3/22/2019
Actions
- 2019-03-22Referred to the Subcommittee on Crime, Terrorism, and Homeland Security.
- 2019-02-14Referred to the Subcommittee on Conservation and Forestry.
- 2019-02-12Referred to the Subcommittee on National Parks, Forests, and Public Lands.
- 2019-02-08Referred to the Committee on Ways and Means, and in addition to the Committees on the Judiciary, Energy and Commerce, Natural Resources, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2019-02-08Referred to the Committee on Ways and Means, and in addition to the Committees on the Judiciary, Energy and Commerce, Natural Resources, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2019-02-08Referred to the Committee on Ways and Means, and in addition to the Committees on the Judiciary, Energy and Commerce, Natural Resources, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2019-02-08Referred to the Committee on Ways and Means, and in addition to the Committees on the Judiciary, Energy and Commerce, Natural Resources, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2019-02-08Referred to the Committee on Ways and Means, and in addition to the Committees on the Judiciary, Energy and Commerce, Natural Resources, and Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- 2019-02-08Introduced in House
- 2019-02-08Introduced in House
CRS Summary
As of 2019-02-08 (00)
Marijuana Revenue and Regulation Act
This bill removes marijuana from the list of controlled substances and establishes requirements for the taxation and regulation of marijuana products.
The bill imposes (1) an excise tax on marijuana products produced in or imported into the United States, and (2) an occupational tax on marijuana production facilities and export warehouses.
The term "marijuana product" does not include (1) any article containing marijuana that has been approved by the Food and Drug Administration (FDA) for sale for therapeutic purposes and is marketed and sold solely for such purpose, or (2) industrial hemp.
The excise tax includes exemptions for (1) products used for research or by government entities for nonconsumption purposes; and (2) the transfer of products between production, import, and export facilities.
The Department of Justice must remove marijuana from all schedules of controlled substances under the Controlled Substances Act. The bill prohibits marijuana from being shipped or transported into any state or jurisdiction where it is illegal.
Producers, importers, and exporters of marijuana products must (1) obtain a permit from the Department of the Treasury, and (2) comply with certain requirements regarding recordkeeping, packaging, labeling, and advertising.
The bill also
- establishes penalties for violations of marijuana laws;
- prohibits the sale of more than one ounce of marijuana in any single retail transaction; and
- provides specified authorities to the FDA and the Bureau of Alcohol, Tobacco, Firearms, and Explosives with respect to marijuana.
Cosponsors (4)
- Jared Huffman (D-CA)
- ZOE LOFGREN (D-CA)
- Joe Neguse (D-CO)
- Ted Lieu (D-CA)
Subjects
- Administrative law and regulatory procedures
- Administrative remedies
- Civil actions and liability
- Congressional oversight
- Consumer affairs
- Department of Justice
- Department of the Treasury
- Drug Enforcement Administration (DEA)
- Drug trafficking and controlled substances
- Drug, alcohol, tobacco use
- Executive agency funding and structure
- Fraud offenses and financial crimes
- Government studies and investigations
- Judicial review and appeals
- Licensing and registrations
- Marketing and advertising
- Retail and wholesale trades
- Sales and excise taxes
- Tax administration and collection, taxpayers
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.