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2024 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Krizek
HB 698 - Implementation of Retail Cannabis Market

Item 382 #1h

Item 382 #1h

First Year - FY2025 Second Year - FY2026
Public Safety and Homeland Security
Virginia Cannabis Control Authority FY2025 $9,023,075 FY2026 $10,067,773 NGF
FY2025 75.00 FY2026 84.00 FTE

Language
Page 435, line 50, strike "$5,411,060" and insert "$14,434,135".
Page 435, line 50, strike "$5,411,060" and insert "$15,478,833".


Explanation

(This amendment provides $9.0 million from the nongeneral fund the first year and 75 positions, and $10.1 million from the nongeneral fund the second year and 84 positions for the Cannabis Control Authority pursuant to House Bill 698, which would provide for the establishment and operation of an adult-use recreational cannabis market. This amendment is a placeholder until a fiscal impact statement for the legislation is produced.)