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2023 Session

Budget Amendments - HB1400 (Member Request)

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Chief Patron: Hodges
HB 1464 - Cannabis Control Retail Market Framework

Item 397 #1h

Item 397 #1h

First Year - FY2023 Second Year - FY2024
Public Safety and Homeland Security
Virginia Cannabis Control Authority FY2023 $650,000 FY2024 $11,500,000 GF
FY2023 10.00 FY2024 41.00 FTE

Language
Page 483, line 46, strike "$8,200,000" and insert "$8,850,000".
Page 483, line 46, strike "$11,200,000" and insert "$22,700,000".


Explanation

(This amendment provides $650,000 from the general fund and ten positions the first year and $11.5 million from the general fund and 41 positions the second year pursuant to House Bill 1464, which would establish a framework for the creation of a retail marijuana market in Virginia. This amendment is a placeholder until a fiscal impact statement for the bill is produced.)