FN-KYZ15A-1
Page 1
FISCAL NOTE
House Bill 219
Committee: Health Sponsor: Representative Russell Bedsole
Analyst: Peter Grogan Date: 04/11/2023
House Bill 219 as introduced would impose a 5% tax on the gross proceeds of the retail sale of
any products containing psychoactive cannabinoids, which would increase sales tax receipts to
the Education Trust Fund by an undetermined amount, dependent upon the amount of gross
proceeds from such sale.
Further, this bill could increase receipts to the State General Fund and municipal general funds
from fines; increase receipts to the State General Fund, county general funds, municipal general
funds, and other funds to which court costs are deposited; and could increase the obligations of
the State General Fund, district attorneys, and local jails by an undetermined amount dependent
upon the number of persons charged with and convicted of the offenses provided by this bill and
the penalties imposed.