SB679 HFIN AMT

McO

The Committee on Finance moves to amend the title of the bill to read as follows:

Eng. Com. Sub. for Com. Sub. S. B. 679 -- “A BILL to amend and reenact §19-12E-12 of the Code of West Virginia, 1931, as amended; to amend and reenact §19-12F-1, §19-12F-3, §19-12F-4, §19-12F-7, §19-12F-8, §19-12F-9, and §19-12F-11 of said code; and to amend said code by adding thereto a new section, designated §19-12F-9a, all relating to regulation of select plant-based derivatives, including hemp-derived cannabinoid products and regulation of kratom; clarifying findings; defining terms; requiring permits to manufacture, process, distribute, offer to sell, and sell regulated products; prohibiting retailer from adding imposed tax as separate new charge; specifying regulatory authority of the Commissioner of Agriculture; specifying funding requirements for nonintoxicating beer tax revenues; specifying application of the Administrative Procedures Act for certain contested cases; specifying application fees for certain permits; specifying requirements for business registration certificate, nexus, jurisdiction, and taxation relating to remote interstate sales and distribution; imposition of use tax; specifying maintenance of lists by the Commissioner of Agriculture of permittees, approved products and entities, and persons who cease to be permitted; specifying labeling requirements; authorizing use of funds by the Commissioner of Agriculture; specifying application of Tax Commissioner’s fee; authorizing  development of collaborative understanding to facilitate enforcement of article and information sharing between Tax Commissioner and the Commissioner of Agriculture; establishing administrative sanctions and penalties; continuing criminal penalties; and authorizing enforcement actions involving persons acting upon the request, direction, or control of law-enforcement agencies.”

ADOPTED

REJECTED