NevadaAB30783rd Regular Session (2025)HouseWALLET

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

BDR 32-149

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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

  1. (No further action taken.)

    6/3/2025House
  2. Rereferred to Committee on Ways and Means. Exemption effective. To committee.

    4/15/2025House
  3. Taken from General File.

    4/15/2025House
  4. Read second time.

    4/15/2025House
  5. From committee: Without recommendation.

    4/14/2025House
  6. Notice of eligibility for exemption.

    3/6/2025House
  7. From printer. To committee.

    2/28/2025House
  8. Read first time. Referred to Committee on Revenue. To printer.

    2/27/2025House

Bill Text

  • As Introduced

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