House approves compromise bill legalizing recreational marijuana, 36-34
March 07, 2019 11:40 PM
SANTA FE, N.M. — On Thursday night lawmakers debated legalizing recreational marijuana in New Mexico for three hours. The House floor substitute for HB 356 passed 36-34.
Rep. Javier Martinez, D-Albuquerque, sponsors the bill and says it's expected to generate between $40 and $50 million a year in tax revenue.
About an hour into the discussion, he introduced a "compromised floor substitute," calling it a watershed moment.
That includes big changes with it, like changing the percent of the excise tax and adding oversight committees.
The bill now heads to the Senate.
Stay with KOB Eyewitness News 4 and KOB.com for updates.
Updated: March 07, 2019 11:40 PM
Created: March 07, 2019 08:43 PM
Copyright 2019 KOB-TV LLC, a Hubbard Broadcasting Company. All rights reserved