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This amendment
removes the provision establishing that payment of excise tax is due 120 days
after filing for filing periods beginning on or after January 1, 2026 and
reduces the General Fund revenue decrease by $5,949,000 in fiscal year
2025-26 and $526,000 in fiscal year 2026-27. As amended, the remaining
revenue decrease will be $2,000 in fiscal year 2025-26 and $4,000 in in
fiscal year 2026-27.
The amendment also reduces the revenue decrease to the Adult Use Cannabis
Public Health and Safety and Municipal Opt-in Fund by $816,000 in fiscal year
2025-26 and $77,000 in fiscal year 2026-27.
Finally, the amendment removes the one-time General Fund appropriation to
the Bureau of Revenue Services within the Department of Administrative and
Financial Services of $21,200 in fiscal year 2025-26. |