Connecticut Seal

General Assembly

Amendment

 

February Session, 2012

LCO No. 4277

   
 

*HB0538904277SRO*

Offered by:

 

SEN. BOUCHER, 26th Dist.

 

To: House Bill No. 5389

File No. 597

Cal. No. 430

Strike lines 234 to 237, inclusive, in their entirety and substitute the following in lieu thereof:

"Sec. 9. (NEW) (Effective from passage) (a) No person may act as a dispensary or represent that such person is a licensed dispensary unless such person has been issued and maintains (1) a license from the Commissioner of Consumer Protection pursuant to this section, and (2) a policy of commercial risk insurance, as defined in section 38a-663 of the general statutes, which provides coverage in an amount of not less than two million dollars. "

Strike lines 288 to 291, inclusive, in their entirety and substitute the following in lieu thereof:

"Sec. 10. (NEW) (Effective from passage) (a) No person may act as a producer or represent that such person is a licensed producer unless such person has been issued and maintains (1) a license from the Commissioner of Consumer Protection pursuant to this section, and (2) a policy of commercial risk insurance, as defined in section 38a-663 of the general statutes, which provides coverage in an amount of not less than two million dollars. "

After the last section, add the following and renumber sections and internal references accordingly:

"Sec. 501. (NEW) (Effective October 1, 2012) (a) If no licensed dispensary is able to obtain a policy of commercial risk insurance in accordance with subsection (a) of section 9 of this act within one hundred eighty days after the date the Commissioner of Consumer Protection first issues a dispensary license under section 9 of this act, the provisions of sections 1 to 17, inclusive, and subsection (e) of section 21a-243 of the general statutes, as amended by this act, shall be deemed repealed, and any balance remaining in the palliative marijuana administration account established under section 19 of this act shall be transferred to the General Fund.

(b) If no licensed producer is able to obtain a policy of commercial risk insurance in accordance with subsection (a) of section 10 of this act within one hundred eighty days after the date the Commissioner of Consumer Protection first issues a producer license under section 10 of this act, the provisions of sections 1 to 17, inclusive, and subsection (e) of section 21a-243 of the general statutes, as amended by this act, shall be deemed repealed, and any balance remaining in the palliative marijuana administration account established under section 19 of this act shall be transferred to the General Fund. "

This act shall take effect as follows and shall amend the following sections:

Sec. 9

from passage

New section

Sec. 10

from passage

New section

Sec. 501

October 1, 2012

New section