Blum Holdings Inc (BLMH)

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SENATE ECONOMIC GROWTH COMMITTEE



STATEMENT TO



SENATE, No. 3110



STATE OF NEW JERSEY



DATED: JANUARY 9, 2014



The Senate Economic Growth Committee reports favorably Senate Bill No. 3110.

As reported, this bill establishes an industrial hemp license (license) for planting, growing, harvesting, possessing, processing, selling, and buying industrial hemp. The bill provides specific application procedures and requirements, including fingerprinting and criminal background checks, for license applicants.

The bill also specifies that no license may be issued unless:

1) the President of the United States and the United States Congress enact federal legislation or take other federal action to exclude industrial hemp from the definition of “marihuana” for the purposes of the federal Controlled Substances Act; or

2) the Drug Enforcement Administration in the United States Department of Justice takes affirmative steps towards issuing a permit to industrial hemp producers in states with laws similar to this bill.

The Attorney General is charged with notifying the Secretary of Agriculture when either of these requirements is met.

Finally, the bill authorizes the Secretary of Agriculture to adopt rules and regulations for the bill’s implementation and to defer any rulemaking issues to the Attorney General that are better addressed for the public’s safety by the Department of Law and Public Safety, and it authorizes the Attorney General to adopt rules and regulations necessary to implement the bill.


http://www.njleg.state.nj.us/2012/Bills/S3500/3110_S1.HTM

status is 2rs. Can't find a definition for that status maybe someone has more time than me