Louisiana: HB507 Could Mean Medical Cannabis Excluded From State Sales Tax

The Advocate reports……Lawmakers have backed several changes to the state’s taxes and fees on medical marijuana, passing a bill that excludes the drug from sales taxes and redirects fees to disability services.

The state House voted 84-6 Thursday to send the measure, HB 507, to the desk of Gov. John Bel Edwards. State Rep. Neil Abramson, D-New Orleans, sponsored the bill.

If signed by the governor, patients would not have to pay state sales taxes on the drug. Because lawmakers only allow doctors to “recommend” instead of “prescribe” the drug, it currently is not covered by Louisiana’s sales tax exemption on prescription drugs.

Full story https://www.theadvocate.com/baton_rouge/news/politics/legislature/article_c9a28e12-887a-11e9-b1cd-6b0be4facd9f.html

 

Legiscan: https://legiscan.com/LA/bill/HB507/2019

 

Louisiana-2019-HB507-Enrolled

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