AN ACT relating to taxation; eliminating the excise taxes on wholesale sales of cannabis; increasing the amount of the excise tax on retail sales of cannabis and cannabis products; revising the manner in which the revenues from the excise tax on retail sales of cannabis and cannabis products must be distributed; and providing other matters properly relating thereto.
Sponsored By: Danielle Gallant (Republican), Lisa K. Cole (Republican)
Failed
Personalized for You
How does this bill affect your finances?
Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.
Bill Overview
Analyzed Economic Effects
3 provisions identified: 1 benefits, 1 costs, 1 mixed.
Cannabis growers stop paying wholesale excise tax
Beginning July 1, 2025, Nevada ends the 15% excise tax on qualifying first in-state wholesale cannabis sales. This covers sales by medical and adult-use cultivation facilities to another cannabis business. The law also repeals the rule authorizing wholesale fair-market-value procedures. Growers pay less tax; any change in household prices depends on how businesses respond.
Higher taxes for adult-use cannabis buyers
Beginning July 1, 2025, Nevada raises the adult-use cannabis excise tax from 10% to 14.25% of the sale price. It applies to in-state sales by adult-use cannabis stores and consumption lounges. Sellers owe the tax but may pass it on to buyers, on top of state and local sales taxes. Qualifying medical sales at dual-licensed stores remain exempt for buyers with a medical registry card or letter of approval.
Cannabis tax funds schools, not local governments
Beginning July 1, 2025, retail cannabis excise tax money first pays the Cannabis Compliance Board's costs under state cannabis laws. The Board determines how much it needs for those costs. Any money left goes to the State Education Fund to support public K–12 school operations. Local governments no longer receive a share through this cannabis tax distribution.
Sponsors & Cosponsors
Sponsors
Danielle Gallant
Republican • House
Lisa K. Cole
Republican • House
Cosponsors
Cecelia González
Democratic • House
Roll Call Votes
No roll call votes available for this bill.
Actions Timeline
(No further action taken.)
6/3/2025HouseRereferred to Committee on Ways and Means. Exemption effective. To committee.
4/15/2025HouseTaken from General File.
4/15/2025HouseRead second time.
4/15/2025HouseFrom committee: Without recommendation.
4/14/2025HouseNotice of eligibility for exemption.
3/6/2025HouseFrom printer. To committee.
2/28/2025HouseRead first time. Referred to Committee on Revenue. To printer.
2/27/2025House
Bill Text
As Introduced
Related Bills
AB259, AN ACT relating to health care; prohibiting certain actions related to pricing and reimbursement for certain drugs; creating a cause of action for violating such prohibitions; and providing other matters properly relating thereto.
AB188, AN ACT relating to the Public Employees' Benefits Program; requiring the Board of the Public Employees' Benefits Program to report certain information relating to the costs of health insurance for certain retirees; revising provisions relating to the subsidy paid for certain health and welfare benefits for certain state employees who have retired with state service; revising requirements for certain retired public officers and employees to reinstate insurance under the Program; revising provisions relating to certain subsidies paid to the Program for the 2025-2027 biennium; requiring the Joint Interim Standing Committee on Government Affairs to conduct an interim study on the Program; making an appropriation; and providing other matters properly relating thereto.
SB217, AN ACT relating to health care; prohibiting a governmental entity from substantially burdening certain activity relating to assisted reproduction under certain circumstances; authorizing a person whose engagement in such activity has been so burdened to assert the violation as a claim or defense in a judicial proceeding; authorizing a court to award damages against a governmental entity that substantially burdens such activity in certain circumstances; providing certain immunity from civil and criminal liability and administrative sanctions for certain persons and entities involved in the provision of assisted reproduction; providing that a fertilized egg or human embryo that exists before implantation in a human uterus is not a person for legal purposes; requiring certain health insurers to authorize a pregnant person to enroll in a health plan during a specified period; requiring certain public and private health insurers to provide certain coverage for the treatment of infertility and fertility preservation; providing a penalty; and providing other matters properly relating thereto.
AB499, AN ACT relating to elections; requiring, with certain exceptions, a registered voter show photo identification to vote in person; requiring the Department of Motor Vehicles, under certain circumstances, to issue identification cards at no charge; requiring the Secretary of State to issue digital identification cards; requiring a county clerk in certain counties to establish a certain number of locations for a voter to return his or her mail ballot to a mail ballot drop box during the period between the last day for early voting and the day before the date of the general election; authorizing a county clerk in certain counties to establish such locations; authorizing a person, under certain circumstances, to return a mail ballot to a mail ballot drop box established at such a location on behalf of a voter; requiring the Secretary of State to establish and maintain a voter services portal on the Internet website of the Office of the Secretary of State; requiring the county clerk to include certain information relating to the voter services portal on any communication to a registered voter; requiring the Department of Motor Vehicles to submit electronically to the Secretary of State certain information relating to each person who has a driver's license or identification card issued by the Department; requiring the Secretary of State to include certain information received from the Department in the centralized, top-down database that is established by the Secretary of State for purposes of creating the statewide voter registration list; requiring certain information to be included on the return envelope for a mail ballot; revising provisions relating to curing mail ballots; requiring mail ballot drop boxes to be monitored and secured; providing that certain information on the statewide voter registration list relating to a voter is confidential and not a public record; making various other changes relating to elections; making appropriations; and providing other matters properly relating thereto.
AB397, AN ACT relating to higher education; revising provisions governing certain waivers of fees provided by the Board of Regents of the University of Nevada; revising the criteria of eligibility for a waiver of fees by the Board of Regents for certain persons who are or were unaccompanied for a certain period of time; revising the criteria of eligibility for a waiver of fees by the Board of Regents for certain Native American students; providing for the continuity of waivers previously provided for certain Native American students; repealing certain provisions requiring the Chancellor of the Nevada System of Higher Education to cause to be analyzed certain natural materials upon the request of a resident of this State; and providing other matters properly relating thereto.
AB301, AN ACT relating to community development; requiring certain records to be maintained by the board of trustees of certain general improvement districts; increasing the compensation of the board of trustees of certain general improvement districts; requiring a general improvement district created for acquiring television maintenance facilities to report certain information annually to the board of county commissioners of the county in which the district is located; exempting certain general improvement districts from an annual publication of certain notices of budget adoption and filing; revising provisions governing the procedure for applying for transferable tax credits for affordable housing and the transfer of such tax credits; and providing other matters properly relating thereto.