Nevada · Assembly Bill 430 · 82nd (2023) Session

Revises provisions relating to cannabis. (BDR 32-893)

AB 430 Sponsored by Assembly Committee on Revenue Became law

  1. Introduced Mar 27, 2023
  2. In committee Mar 27, 2023
  3. Passed the Assembly May 31, 2023
  4. Passed the Senate Jun 5, 2023
  5. To the governor Jun 9, 2023
  6. Became law Jun 14, 2023

What it does

The legislature's own summary of the bill, or its official long title.

Existing law imposes an excise tax at the rate of 15 percent of the fair market value at wholesale upon each wholesale sale of cannabis by a medical cannabis cultivation facility or an adult-use cannabis cultivation facility to another cannabis establishment. (NRS 372A.290) Existing law imposes an excise tax at the rate of 10 percent of the sales price of each retail sale of cannabis or cannabis products by an…

Read the full title (248 words)

Existing law imposes an excise tax at the rate of 15 percent of the fair market value at wholesale upon each wholesale sale of cannabis by a medical cannabis cultivation facility or an adult-use cannabis cultivation facility to another cannabis establishment. (NRS 372A.290) Existing law imposes an excise tax at the rate of 10 percent of the sales price of each retail sale of cannabis or cannabis products by an adult-use cannabis retail store or cannabis consumption lounge. (NRS 372A.290) Section 7 of this bill revises the excise tax on the wholesale sale of cannabis to apply the tax only to the first wholesale sale and to provide that the tax is at the rate of 15 percent of: (1) the fair market value at wholesale for sales made to an affiliate of the medical cannabis cultivation facility or adult-use cannabis cultivation facility; or (2) the sales price, if the sale is made to a cannabis establishment that is not an affiliate of the medical cannabis cultivation facility or adult-use cannabis cultivation facility. Existing law requires the Department of Taxation to adopt regulations to establish procedures to determine the fair market value at wholesale of cannabis. (NRS 678B.640) Section 9 of this bill establishes certain additional requirements for the regulations adopted by the Department. Section 9 requires the Cannabis Compliance Board to ensure that any computer software used for the seed-to-sale tracking of cannabis adopted by the Board includes a method to denote transfers of cannabis between affiliates.

Every action

46 steps, oldest first, as the legislature records them.

Show the 38 earlier steps
  1. AssemblyRead first time.
  2. CommitteeReferred to Committee on Revenue. · Assembly Revenue
  3. AssemblyTo printer.
  4. AssemblyFrom printer.
  5. AssemblyTo committee.
  6. AssemblyNotice of eligibility for exemption.
  7. CommitteeFrom committee: Amend, and do pass as amended. · Assembly Revenue
  8. AssemblyPlaced on Second Reading File.
  9. AssemblyRead second time.
  10. AssemblyAmended. (Amend. No. 328.)
  11. AssemblyTo printer.
  12. AssemblyFrom printer.
  13. AssemblyTo engrossment.
  14. AssemblyEngrossed.
  15. AssemblyFirst reprint.
  16. AssemblyTaken from General File.
  17. CommitteeRereferred to Committee on Ways and Means. · Assembly Ways and Means
  18. AssemblyExemption effective.
  19. AssemblyTo committee.
  20. CommitteeFrom committee: Do pass, as amended. · Assembly Ways and Means
  21. AssemblyPlaced on General File.
  22. AssemblyRead third time.
  23. AssemblyPassed, as amended. Title approved, as amended. (Yeas: 42, Nays: None.)
  24. AssemblyTo Senate.
  25. SenateIn Senate.
  26. SenateRead first time.
  27. CommitteeReferred to Committee on Revenue and Economic Development. · Senate Revenue and Economic Development
  28. SenateTo committee.
  29. CommitteeFrom committee: Amend, and do pass as amended. · Senate Revenue and Economic Development
  30. SenatePlaced on Second Reading File.
  31. SenateRead second time.
  32. SenateAmended. (Amend. No. 946.)
  33. SenateTo printer.
  34. SenateFrom printer.
  35. SenateTo re-engrossment.
  36. SenateRe-engrossed.
  37. SenateSecond reprint.
  38. SenateRead third time.
  1. SenatePassed, as amended. Title approved, as amended. (Yeas: 18, Nays: 3.)
  2. SenateTo Assembly.
  3. AssemblyIn Assembly.
  4. AssemblySenate Amendment No. 946 concurred in.
  5. AssemblyTo enrollment.
  6. AssemblyEnrolled and delivered to Governor.
  7. GovernorApproved by the Governor.
  8. Secretary of StateChapter 450.

Roll calls

2 recorded votes: 2 on the floor, 0 in committee. Each shows how every member voted.

Final Passage (1st Reprint), 2/3 of elected members required · Full Assembly

Passed 42–0
May 31, 2023 · journal entry
Yes 42 No 0
Democrats: 28 yes, 0 no Republicans: 14 yes, 0 no
How each member voted

Yes · 42

Final Passage (2nd Reprint), 2/3 of elected members required · Full Senate

Passed 18–3
Jun 5, 2023 · journal entry
Yes 18 No 3
Democrats: 13 yes, 0 no Republicans: 5 yes, 3 no
How each member voted

Yes · 18

No · 3

Sponsors

The 0 members who introduced it.

  • AC Assembly Committee on Revenue Sponsoring committee

From Nevada's official records (leg.state.nv.us), checked Nov 2, 2026. Text links go to the official versions; LegiList does not copy bill text.