NITIATIVE NO. 190 A LAW PROPOSED BY INITIATIVE PETITION
I-190 legalizes the possession and use of limited amounts of marijuana for adults over the age of 21. I-190 requires the Department of Revenue to license and regulate the cultivation, transportation, and sale of marijuana and marijuana-infused products and to inspect premises where marijuana is cultivated and sold. It requires licensed laboratories to test marijuana and marijuana-infused products for potency and contaminants. I-190 establishes a 20% tax on nonmedical marijuana. 10.5% of the tax revenue goes to the state general fund, with the rest dedicated to accounts for conservation programs, substance abuse treatment, veterans’ services, healthcare costs, and localities where marijuana is sold. I-190 allows a person currently serving a sentence for an act permitted by I-190 to apply for resentencing or an expungement of the conviction. I-190 prohibits advertising of marijuana and related products.
Marijuana taxes and fees will generate about $48 million annually by 2025. Marijuana fees will fund program administration and enforcement. Marijuana taxes will contribute to the general fund and special revenue accounts for conservation, veterans’ services, substance abuse treatment, healthcare, and local governments. The general fund will net $4 million.
Dave Lewis, New Approach Montana Senior Policy Advisor (Yes)— Dave Lewis served in the Budget Office for four Governors; Tom Judge, Ted Schwinden, Stann Stephens and Marc Racicot. After retirement he served in the Montana Legislature for 14 years. He served terms in the House and Senate. He served one term each as Chairman of the House Appropriations and Senate Finance and Claims Committees and several terms as vice chairman. His wife Karen and he have three children, nine grandchildren and five great-grandchildren.
Other panelists to be determined….