The First Session of the 57th Legislature

January 2-17, 2025: Legislation may be prefiled
January 21: Opening day (noon)
February 20: Deadline for introduction
March 22: Session ends (noon)
April 11: Legislation not acted upon by governor is pocket vetoed
June 20: Effective date of legislation not a general appropriation bill or a bill carrying an emergency clause or other specified date

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Measure calls for study of marijuana legalization (Assoc. Press)

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Measure calls for study of marijuana legalization

Created: 02/20/2014 8:53 AM By: The Associated Press

SANTA FE (AP) – The House has approved a measure that calls for studying the effects of marijuana legalization in Colorado and Washington.      The nonbinding memorial passed the House 31-28 late Wednesday.

Under the measure, the Legislative Finance Committee would conduct the study and report its findings later this year. The committee will be looking specifically at state revenue and agricultural production levels as well as addiction rates and the availability of law enforcement resources.

In Colorado, taxed, legal pot sales began Jan. 1. A budget proposal released Wednesday shows Colorado’s legal marijuana market is exceeding tax expectations.

Retail sales won’t begin for a few months in Washington, but budget forecasters there predict that state’s new legal recreational marijuana market will bring nearly $190 million to state coffers over four years starting in mid-2015.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)