SB 18-235

Senate Bill 18-235, known as the Colorado Industrial Hemp Research and Development Authority, establishes a task force to study the potential creation of an authority focused on industrial hemp. This task force will look into developing programs for education, research, and collaboration related to industrial hemp. The bill affects stakeholders in the industrial hemp industry and higher education institutions. Since it has been signed, the task force is now active and must submit a report with their findings and recommendations by December 31, 2018, to relevant state offices and committees.

Official Summary

The bill creates the Colorado industrial hemp research and development task force to study whether to develop an industrial hemp research and development authority to develop, fund, and promote educational, research, and development programs and collaborative efforts concerning industrial hemp. The task force consists of 8 members with expertise in the industrial hemp industry or higher education. On or before December 31, 2018, the task force is required to prepare a report on its findings and recommendations and to submit the report to the Colorado office of economic development and the agricultural committees in the house of representatives and the senate. (Note: This summary applies to the reengrossed version of this bill as introduced in the second house.) , Read More

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