Missouri legislation · 2026 Regular Session
Missouri HB2768: Creates provisions relating to the regulation of industrial hemp-derived consumable products
Status: In committee, May 15, 2026
What the bill says
To amend chapters 144 and 195, RSMo, by adding thereto twenty-five new sections relating to industrial hemp-derived consumable products, with penalty provisions. Section A. Chapters 144 and 195, RSMo, are amended by adding thereto twenty-five new sections, to be known as sections 144.028, 195.2550, 195.2555, 195.2557, 195.2558, 195.2560, 195.2563, 195.2564, 195.2565, 195.2570, 195.2575, 195.2580, 195.2585, 195.2590, 195.2595, 195.2600, 195.2605, 195.2607, 195.2610, 195.2615, 195.2617, 195.2620, 195.2625, 195.2630, and 195.2635, to read as follows: 144.028. 1. As used in this section, the term.
From the introduced text:
To amend chapters 144 and 195, RSMo, by adding thereto twenty-five new sections relating to industrial hemp-derived consumable products, with penalty provisions. Section A. Chapters 144 and 195, RSMo, are amended by adding thereto twenty-five new sections, to be known as sections 144.028, 195.2550, 195.2555, 195.2557, 195.2558, 195.2560, 195.2563, 195.2564, 195.2565, 195.2570, 195.2575, 195.2580, 195.2585, 195.2590, 195.2595, 195.2600, 195.2605, 195.2607, 195.2610, 195.2615, 195.2617, 195.2620, 195.2625, 195.2630, and 195.2635, to read as follows: 144.028. 1. As used in this section, the term "industrial hemp-derived consumable product" shall have the same meaning given to the term in section 195.2550. 2. For all tax years beginning on or after January 1, 2027, an excise tax is hereby levied and imposed upon the retail sale of industrial hemp-derived consumable products to consumers within this state. The rate of tax shall be two percent of the retail purchase price paid or charged and shall be in addition to any tax imposed under any other provision of federal, state, or local law. 3. The revenue derived from the two percent rate levied under this section shall be deposited by the department of revenue into the hemp business fund established under section 195.2563. 4. The tax imposed under this section is intended to be passed on to and borne by the purchaser of the industrial hemp-derived consumable …