HB 148: INDUSTRIAL HEMP RESEARCH

An Act Relating To Agriculture; Enacting A New Section Of Chapter 76 Nmsa 1978 To Provide Authorization For The New Mexico Department Of Agriculture To Adopt Rules For Research On Industrial Hemp; Providing For The Establishment Of The New Mexico Industrial Hemp Research And Development Fund.

Add to My Bills

MILD HB 148
INDUSTRIAL HEMP RESEARCH

Legislative URL:

HB 148 on nmlegis.gov

Emergency Clause:

No

Germane:

N/A

Location:

HRC

Action:

HPREF [1] not prntd-HRC API.

Issue(s):

General Interest

Related Legislators

Bill Sponsor:

Bealquin Bill Gomez

Related Documents

Downloads:

Introduced
Fiscal Impact Report

Summary

This bill, for the Economic and Rural Development Committee, requires the New Mexico Department of Agriculture adopt rules for research on industrial hemp and to issue licenses to grow industrial hemp for research and development purposes. It also provides for the establishment of the New Mexico Industrial Hemp Research and Development Fund, administered by the New Mexico Department of Agriculture to conduct related programs. The bill further specifies that the enumeration of marijuana, THC or chemical derivatives of THC as a Schedule I controlled substances does not apply to cultivation of industrial hemp by qualified entities pursuant to rules adopted by the New Mexico Department of Agriculture.

A potential benefit of this bill is that it might lead to the creation of an important new agricultural industry that is particularly well-suited to growing conditions in New Mexico.