An Act relating to the registration of marijuana establishments; relating to a tax exemption for qualified small businesses; relating to marijuana taxes; and providing for an effective date.

SB 73 amends Alaska's marijuana regulations to require annual registration for marijuana businesses instead of biennial registration, shortening the processing timeline to 90 days for local governments. It clarifies that local authorities may charge application and registration fees only when specific procedures are followed, and allows applicants to bypass the state board if registration is delayed beyond 90 days. The bill also specifies that if voters prohibit marijuana establishments in a community, existing registrations expire 90 days after election results are certified, with limited extensions possible. These changes directly affect marijuana businesses seeking licenses and local governments managing regulatory fees and compliance.