1.1 	A bill for an act
1.2 	relating to taxation; gross receipts; appropriating taxable cannabis gross receipts 
1.3 	tax revenue for certain purposes;amending Minnesota Statutes 2023 Supplement, 
1.4 	section 295.81, subdivision 10.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2023 Supplement, section 295.81, subdivision 10, is amended 
1.7 	to read:
1.8 		Subd. 10.Deposit of revenues; account established. (a) The commissioner must deposit 
1.9 	the revenues, including penalties and interest, derived from the tax imposed by this section 
1.10 	as follows:
1.11 	(1) 80 percent to the general fund; and
1.12 	(2) 20 percent to the local government cannabis aid account in the special revenue fund.
1.13 	(b) The local government cannabis aid account is established in the special revenue fund.
1.14 	(c) Of the amount deposited under paragraph (a), clause (1), five percent is annually 
1.15 	appropriated to the commissioner of children, youth, and families for youth cannabis use 
1.16 	prevention and early intervention and treatment of cannabis use.

1.17 	EFFECTIVE DATE. This section is effective for gross receipts received after June 30, 
1.18 	2024.