Changes to Money in the Marijuana Tax Cash Fund

Changed the mandatory $3 million annual appropriation for the medication-assisted treatment expansion pilot program to a discretionary appropriation that the General Assembly may choose to fund.

Modified the marijuana entrepreneur fund transfer requirements, changing the July 1, 2025 transfer amount from $5.5 million to $550,000 and repealing the requirement effective July 1, 2026.

Adjusted local government apportionment of marijuana tax revenue, changing the percentage from 10% to 5% for periods on and after July 1, 2025.

Removed the requirement for the state treasurer to make specific transfers to the public school capital construction assistance fund in 2026.

Changed the $3 million annual appropriation for the MAT expansion pilot program from mandatory to discretionary for fiscal years on or after July 1, 2025.

Repealed the requirement to transfer $20 million from the marijuana tax cash fund to the public school capital construction assistance fund on June 1, 2026.

Reduced the percentage of marijuana tax revenue apportioned to local governments from 10% to 5% for fiscal years on or after July 1, 2025.

Increased the state's retained share of marijuana tax revenue from 90% to 95%, with the additional 5% directed to the marijuana tax cash fund.

Added 'Snyder' as a third Senate sponsor to the bill's sponsorship list.

Updated the bill summary availability date from 'Second Reading' to '3rd Reading Unamended' and set the specific date to April 3, 2025.

Deleted the provision allocating fifty million dollars to the old age pension fund on June 1, 2022.

Deleted the provision allocating twenty million dollars to the old age pension fund on June 1, 2026.

Deleted the entire section defining how retail marijuana sales tax proceeds are distributed between local governments and the general fund, including the 15% and 10% apportionment rules.

Removed the requirement for the state to annually appropriate $3 million from the marijuana tax cash fund to the University of Colorado for a medication-assisted treatment expansion pilot program.

Modified the percentage of marijuana sales tax revenue apportioned to local governments from 10% before July 1, 2025, to 5% on and after July 1, 2025.

Added a new provision requiring the state treasurer to transfer $550,000 from the marijuana tax cash fund to the marijuana entrepreneur fund on July 1, 2025.

Repealed a provision that required the state treasurer to retain 15.56% of marijuana tax revenue in the general fund for any lawful purpose, effective July 1, 2026.

Extended the timeline for certain marijuana tax revenue distribution provisions, with changes taking effect on July 1, 2025, and July 1, 2026.