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MONTANA - Three bills on recreational marijuana implementation are headed to the Senate, all with a different vision for the industry. One extra task: lawmakers only had until Thursday this week to vote on the bills due to a procedural deadline.
House Bills 670, 701, and 707 are all headed to the Senate after passing the House earlier this week. Representative Derek Skees discussed his bill HB 670 on the House floor. It suggests taxing recreational marijuana at 15%. I m not excited to see recreational marijuana as a new source of revenue. I m excited to see what we do with the revenue to mitigate the social impacts of what this bill does. I suggest we take two-thirds of the revenue and put it toward our pension funds. which we do have a gigantic shortfall in, Rep. Skees said.
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