2025 Regular SessionNevada Legislature

AB307: Revises provisions governing the taxation of sales of cannabis and cannabis products. (BDR 32-149)

Legislative Summary

AN ACT relating to taxation; eliminating the excise taxes on wholesale sales of cannabis; increasing the amount of the excise tax on retail sales of cannabis and cannabis products; revising the manner in which the revenues from the excise tax on retail sales of cannabis and cannabis products must be distributed; and providing other matters properly relating thereto.

Demographic Impact

Overall analysis of equity impact

70% Positive
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Bill History

2/27/2025
Read first time. Referred to Committee on Revenue. To printer.
Assembly
2/28/2025
From printer. To committee.
Assembly
3/6/2025
Notice of eligibility for exemption.
Assembly
4/14/2025
From committee: Without recommendation.
Assembly
4/15/2025
Read second time.
Assembly
4/15/2025
Taken from General File.
Assembly
4/15/2025
Rereferred to Committee on Ways and Means. Exemption effective. To committee.
Assembly

Status Information

Current Status
Introduced(2/27/2025)
Chamber
Assembly
Committee
Ways and Means(Assembly)

Sponsors

Republican: 2
Democrat: 1

Documents

Introduced
Bill Text1/1/1970273.7 KB