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HB 187

TAX/EXCISE: Increases the rate of excise tax on consumable hemp products (OR +$3,600,000 SD RV See Note)

2025 Regular Session Introduced by Bryan Fontenot

Louisiana bill increases excise tax on consumable hemp products to raise approximately $3.6 million in state revenue.

Read by title, under the rules, referred to the Committee on Ways and Means.
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Bill Summary · HB 187

Legislative bill overview

HB 187 proposes to increase the excise tax rate on consumable hemp products in Louisiana. The bill is currently in the Committee on Ways and Means and is expected to generate approximately $3.6 million in additional state revenue based on preliminary estimates.

Why is this important

Excise taxes on consumable products serve as both revenue sources and demand regulators. This increase would affect pricing for hemp product consumers while generating state funds, but the magnitude of the rate increase and its economic impact depend on the specific tax rate change not detailed in this summary. The hemp industry has grown significantly, making tax policy increasingly relevant to state budgets.

Potential points of contention

  • Industry impact: Hemp product businesses and retailers may argue the tax increase reduces competitiveness and consumer demand, potentially harming a growing industry sector
  • Consumer burden: The tax would increase prices for hemp product consumers, raising equity concerns about who bears the cost of state revenue generation
  • Regulatory clarity: Questions about which "consumable hemp products" are covered and how the tax applies across different product types and THC concentrations

Compiled from official sources — confirm details with the bill’s official record.

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