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REFERENCE TITLE: medical marijuana fund; research allocation |
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State of Arizona Senate Fifty-first Legislature Second Regular Session 2014
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SB 1338 |
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Introduced by Senator Ward; Representatives Borrelli: Mach
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AN ACT
Amending section 36‑2817, Arizona Revised Statutes; relating to the Arizona medical marijuana Act.
(TEXT OF BILL BEGINS ON NEXT PAGE)
Be it enacted by the Legislature of the State of Arizona:
Section 1. Subject to the requirements of article IV, part 1, section 1, Constitution of Arizona, section 36‑2817, Arizona Revised Statutes, is amended to read:
36-2817. Medical marijuana fund; private donations; marijuana research
A. The medical marijuana fund is established consisting of fees collected, civil penalties imposed and private donations received under this chapter. The department shall administer the fund. Monies in the fund are continuously appropriated.
B. The director of the department may accept and spend private grants, gifts, donations, contributions and devises to assist in carrying out the provisions of this chapter.
C. Of the monies in the fund that are specified in subsection A of this section, the department shall annually allocate up to twenty per cent of the monies remaining in the fund at the end of the fiscal year to the biomedical research commission for marijuana research that is approved by an institutional review board in this state and that is conducted in a university setting with the intent to conduct thorough, objective clinical research on the safety, efficacy and adverse events associated with marijuana.
C. D. Monies in the medical marijuana fund do not revert to the state general fund at the end of a fiscal year.
Sec. 2. Requirements for enactment; three-fourths vote
Pursuant to article IV, part 1, section 1, Constitution of Arizona, sections 36‑2817, Arizona Revised Statutes, as amended by this act, is effective only on the affirmative vote of at least three-fourths of the members of each house of the legislature.