NOTE: The governor signed this measure on 5/21/2014.
      
      
      HOUSE BILL 14-1361
      
      
      BY REPRESENTATIVE(S) McNulty and Singer, Melton, Dore, Becker,
      DelGrosso, Gardner, Ginal, Landgraf, Lawrence, McCann, Murray,
      Navarro, Nordberg, Pabon, Ryden, Saine, Stephens, Swalm, Szabo, Wright,
      Buckner, Exum, Fields, Hamner, Labuda, Lee, May, Mitsch Bush,
      Pettersen, Primavera, Salazar, Schafer, Young;
      also SENATOR(S) Guzman and King, Crowder, Johnston, Newell, Rivera,
      Roberts.
      
      
      Concerning the authority of the state licensing authority to
           establish equivalencies for retail marijuana products, and,
           in connection therewith, making an appropriation.
       
      
      Be it enacted by the General Assembly of the State of Colorado:
      
           SECTION 1.  In Colorado Revised Statutes, 12-43.4-202, add (3)
      (a.5) as follows:
      
           12-43.4-202.  Powers and duties of state licensing authority -
      rules. (3) (a.5) (I)  Pursuant to the authority granted in paragraph
      (b) of subsection (2) of this section, on or before January 1, 2016,
      the state licensing authority shall promulgate rules
      establishing the equivalent of one ounce of retail marijuana
      flower in various retail marijuana products including  retail
      marijuana concentrate.
      
           (II)  Prior to promulgating the rules required by
      subparagraph (I) of this paragraph (a.5), the state licensing
      authority may contract for a scientific study to determine the
      equivalency of marijuana flower in retail marijuana products
      including retail marijuana concentrate.
      
           SECTION 2.  In Colorado Revised Statutes, 12-43.4-402, amend
      (3) (a) as follows:
      
           12-43.4-402.  Retail marijuana store license - definitions - repeal.
      (3) (a) (I)  A retail marijuana store may not sell more than one
      ounce of retail marijuana or its equivalent in retail marijuana
      products, including retail marijuana concentrate, during a
      single transaction to a person who has a valid identification card
      showing that the person is a resident of the state of Colorado.
      
           (II)  A retail marijuana store may not sell more than a quarter of an
      ounce of retail marijuana and no more than a quarter of an ounce or its
      equivalent of a in retail marijuana product products, including retail
      marijuana concentrate, during a single transaction to a person who
      does not have a valid identification card showing that the person is a
      resident of the state of Colorado.
      
           (III)  As used in this paragraph (a), "equivalent in retail
      marijuana products" has the same meaning as established by the
      state licensing authority by rule pursuant to section 12-43.4-202
      (3) (a.5).
      
           SECTION 3.  Appropriation. In addition to any other
      appropriation, there is hereby appropriated, out of any moneys in the
      marijuana cash fund created in section 12-43.3-501 (1), Colorado Revised
      Statutes, not otherwise appropriated, to the department of revenue, for the
      fiscal year beginning July 1, 2014, the sum of $100,000, or so much thereof
      as may be necessary, for allocation to the marijuana enforcement division
      for a scientific study to determine the equivalency of marijuana flower in
      retail marijuana products.
      
           SECTION 4.  Safety clause. The general assembly hereby finds,
      determines, and declares that this act is necessary for the immediate
      preservation of the public peace, health, and safety.
      
      
      
      
      ________________________________________________________
      Mark Ferrandino                        Morgan Carroll
      SPEAKER OF THE HOUSE                     PRESIDENT OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
      
      
      ____________________________  ____________________________
      Marilyn Eddins                      Cindi L. Markwell
      CHIEF CLERK OF THE HOUSE                 SECRETARY OF
      OF REPRESENTATIVES                         THE SENATE
      
      
      
      
                  APPROVED________________________________________
      
      
      
      
      
                                    _________________________________________
                                    John W. Hickenlooper
                                    GOVERNOR OF THE STATE OF COLORADO