SUMMARY OF BILL
REPORTED FROM COMMITTEE
Senator Paul Wojno (S.B. 462)
Senate Bill 461 would amend the Medical Marihuana Facilities Licensing Act (MMFLA) to do the following:
-- Require a proof of financial responsibility for a licensee under the Act to be a liability insurance policy that met all of the bill's requirements.
-- Require a licensee or applicant to include with its filing of proof of financial responsibility for liability an attestation of compliance.
-- Require the Marijuana Regulatory Agency to suspend a licensee's license until the licensee provided the required proof of financial responsibility if the licensee failed to maintain it.
-- Refer to the Marijuana Regulatory Agency instead of the Department of Licensing and Regulatory Affairs and the Medical Marihuana Licensing Board.
Senate Bill 462 would amend the MMFLA to modify a provision requiring the Medical Marihuana Licensing Board to issue a license to an applicant who meets the prescribed qualifications to refer to the Marijuana Regulatory Agency instead of the Board.
The bills are tie-barred.
333.27402 (S.B. 462)
The bills would have no fiscal impact on State or local government.
This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.