Taos News reports…
Rep. Javier Martinez D-Albuquerque, among the sponsors of HB 12, stated the legislation produces “a new dollar industry that is multimillion. It is a deal that is big also it must be.”
If the bill becomes legislation, there is no unlawful charges for control as high as 2 ounces of cannabis, and folks could keep a bigger quantity at their domiciles. In addition they could develop to 12 flowers — six mature, six— that are immature personal use, but could not sell the substance without a license.
Initial estimates from Martinez and other supporters said tax revenue raised by cannabis sales would reach at least $50 million. However, the bill’s impact that is fiscal — citing a number of expenses related to implementing this program — sets that figure nearer to $15 million for hawaii and another $8 million or maybe more for counties.
“I’m Not we’re that is exactly sure see any big boom,” said Rep. Rod Montoya, R-Farmington. He noted New that is many mexicans in poverty, plus some might purchase cannabis as opposed to another thing they might normally buy.
Montoya and Rep. Randall Crowder, R-Clovis, introduced amendments that will have permitted county governments to prohibit cannabis product sales of their boundaries, as some counties have inked into the previous with alcohol. Nevertheless the amendments didn’t gain traction after Martinez stated they might cause issues for regional police force agencies, among other problems. Home people voted to reject the amendments.
Friday’s vote regarding the bill didn’t fall strictly along celebration lines. Six Democrats and Phelps Anderson, a Republican that is former who switcheded the party affiliation on his voter registration to “decline to state,” joined the 24 Republicans in the House in opposing the measure.
The nonprofit Drug Policy Alliance released a statement lauding the passage of what it called a “social justice-focused cannabis legalization bill.”cannabisUnder friday HB 12, about a third regarding the taxation income produced by