This bill amends the Nebraska Revised Statutes to redefine hemp under the Nebraska Hemp Farming Act and establish regulations for cannabidiol products. Key provisions include the introduction of a ten percent excise tax on the retail sale of cannabidiol products starting January 1, 2026, and a requirement for retail sellers to maintain accurate electronic sales records. The bill also provides a compliance period for consumers regarding the possession of illegal hemp, during which they will not face prosecution, and sets guidelines for the transportation of hemp by licensed producers. Additionally, it clarifies definitions related to hemp and cannabidiol products, including THC limits, and specifies that only USDA-licensed or state-program-licensed producers may cultivate and transport hemp.

Moreover, the bill amends the definitions and provisions related to controlled substances within the Uniform Controlled Substances Act. It introduces a new definition for "Cannabidiol product" and clarifies that hashish or concentrated cannabis does not include any cannabidiol product or cannabidiol in FDA-approved drug products. The bill updates various definitions, including "exceptionally hazardous drug" and "controlled substance analogue," while also making adjustments to terms like "anabolic steroid" and "medical order." Several insertions and deletions are made to streamline language and enhance clarity, including specifying that cannabinoid receptor agonists do not include any cannabidiol product or cannabidiol in FDA-approved drugs. The bill also repeals certain outdated sections of the Revised Statutes Cumulative Supplement, 2024, to improve the regulation and understanding of controlled substances in Nebraska.

Statutes affected:
Introduced: 2-503, 2-505, 2-515, 28-401
Final Reading: 2-501, 2-503, 2-505, 2-515, 28-401