HOUSE BILL NO. 4921

May 26, 2021, Introduced by Rep. Hauck and referred to the Committee on Regulatory Reform.

A bill to amend 2016 PA 281, entitled

"Medical marihuana facilities licensing act,"

by amending section 701 (MCL 333.27701).

the people of the state of michigan enact:

Sec. 701. By 30 days after the end of each state fiscal Each year, each licensee shall transmit to the board and to the municipality financial statements of the licensee's total operations. The financial statements shall must be reviewed by a certified public accountant in a manner and form prescribed by the board. The certified public accountant must be licensed in this state under article 7 of the occupational code, 1980 PA 299, MCL 339.720 to 339.736. The compensation for the certified public accountant shall must be paid directly by the licensee to the certified public accountant.