Colorado’s Marijuana Regulation & Taxation Bills Filed

[Logical]

DENVER, CO — Months after Colorado voters approved a ballot initiative to legalize, tax and regulate marijuana, a 57-page bill outlining the regulatory framework for the budding recreational marijuana industry was introduced Thursday to the House of Representatives, along with a companion bill that implements marijuana taxes.

House Bill 1317, sponsored by Rep. Dan Pabon (D-Denver), takes recommendations from the Colorado Amendment 64 Task Force and formulates it into law, while House Bill 1318, sponsored by Rep. Jonathan Singer (D-Denver), establishes the tax structure for legal marijuana sales.

The bills also rename the state’s Medical Marijuana Enforcement Division to the Marijuana Enforcement Division, who will regulate both medical and recreational marijuana sales.

Complete details here: http://www.thedailychronic.net/2013/17298/colorados-marijuana-regulation-taxation-bills-filed/