REFERENCE TITLE: marijuana; social equity ownership licenses

State of Arizona

House of Representatives

Fifty-fifth Legislature

Second Regular Session

2022

HB 2545

Introduced by

Representatives Payne: Cook

AN ACT

Amending Title 36, chapter 28.2, Arizona Revised Statutes, by adding section 36-2854.02; relating to adult use of marijuana.

(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, title 36, chapter 28.2, Arizona Revised Statutes, is amended by adding section 36-2854.02, to read:

START_STATUTE36-2854.02. Social equity licenses

A licensee who holds a social equity ownership license issued pursuant to section 36-2854, subsection A, paragraph 1, subdivision (f) may not transfer the license within the first ten years of issuance.  After the initial ten years, the licensee may transfer the license to an individual who would otherwise have qualified for an initial license as prescribed in rule by the department.END_STATUTE

Sec. 2. Requirements for enactment; three-fourths vote

Pursuant to article IV, part 1, section 1, Constitution of Arizona, section 36-2854.02, Arizona Revised Statutes, as added by this act, is effective only on the affirmative vote of at least three-fourths of the members of each house of the legislature.