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2025 Session

Budget Amendments - HB1600 (Member Request)

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Chief Patron: Krizek
HB 2485 - Establish Cannabis Retail Market

Item 489.30 #1h

Item 489.30 #1h

First Year - FY2025 Second Year - FY2026
Independent Agencies
Virginia Cannabis Control Authority FY2025 $0 FY2026 $4,700,000 GF
FY2025 $0 FY2026 $3,795,750 NGF
FY2025 0.00 FY2026 65.00 FTE

Language
Page 603, line 43, strike "$6,220,439" and insert "$14,716,189".


Explanation

(This amendment provides $4.7 million from the general fund and $3.8 million from the nongeneral fund in fiscal year 2026 pursuant to House Bill 2485, which would effectuate a framework for establish an adult recreational use retail market for cannabis products. This amendment is a placeholder until a fiscal impact for the legislation is produced.)