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Legislative Year: 2024 Change

Bill Detail: HB24-1061

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Title Marijuana Industry & Social Equity
Status House Committee on Business Affairs & Labor Postpone Indefinitely (03/21/2024)
Bill Subjects
  • Liquor, Tobacco, & Marijuana
House Sponsors N. Ricks (D)
R. English (D)
Senate Sponsors
House Committee Business Affairs and Labor
Senate Committee
Date Introduced 01/10/2024

The bill creates a medical marijuana independent delivery license
and a retail marijuana independent delivery license (licenses) to deliver
and sell respective marijuana and marijuana products to consumers at
permissible delivery locations. A person must have a social equity license
to be issued the licenses. The department of revenue (department) is
required to promulgate rules concerning the licenses.
The bill creates an accelerator independent deliverer license,
accelerator hospitality business license, and accelerator transporter license
for social equity licensees qualified to participate in the accelerator
The bill defines permissible delivery locations to establish where
licensees with delivery privileges may deliver to consumers.
The bill adds mandatory and permissive rule-making authority to
the department concerning social-equity-related matters.
The bill allows a marijuana hospitality licensee with a mobile
facility to temporarily suspend its license privileges related to mobility in
order to conduct non-marijuana commercial activities. The bill adds
mandatory rule-making authority to the department concerning these
Beginning January 31, 2026, the bill requires the state licensing
authority to provide an annual report to the finance committees of the
house of representatives and the senate concerning active social equity or
accelerator licenses and licensees, recommendations for new social equity
or accelerator licenses, and recommendations for new or innovative
funding sources for the social equity program. The department is required
to convene a new, or utilize an existing, working group of persons to
develop recommendations for the annual report.
Effective April 1, 2025, the bill amends the eligibility requirements
for a person to qualify as a social equity licensee. The new eligibility
requirements do not apply to licensee applications or licenses issued
before April 1, 2025, except for a limited exception.
The bill eliminates the $1 surcharge applied on deliveries.
The bill requires the department of regulatory agencies, as part of
its sunset review of the Colorado Marijuana Code in 2028, to review
social equity licensing and the licenses.
Under current law, there is the marijuana entrepreneur fund within
the office of economic development that provides grants and loans to
support marijuana industry entrepreneurs. The bill creates a new
permissible grant for local jurisdictions that establish a social equity
licensing program.
The bill creates a tax credit for an accelerator-endorsed licensee
who hosts and offers technical and capital support to a social equity
licensee for at least 12 consecutive months. An eligible
accelerator-endorsed licensee may claim up to $50,000 and may carry it
forward as a credit against subsequent years' income tax liability for a
period not exceeding 5 years. The tax credit may be claimed for tax years
2026 through 2035.
The bill amends the statutory provision concerning the retail
marijuana sales tax to state that a retailer is not allowed to retain any
portion of the retail marijuana sales tax collected to cover the expenses of
collecting and remitting the tax.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (03/07/2024) (most recent)  
Additional Bill Documents Bill Documents
  • Past bill versions
  • Past fiscal notes
  • Committee activity and documents
  • Bill History
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