Senate Bill 770 amends Tennessee Code Annotated to establish a regulatory framework for hemp-derived cannabinoid products (HDCPs) at the local government level. The bill allows local governments to create HDCP boards that can issue permits to retailers selling HDCPs, with an annual fee of $250 per retail location. The HDCP boards are empowered to regulate the sale of these products, provided their regulations do not conflict with state law. Additionally, local law enforcement agencies are granted the authority to enforce both local ordinances and state regulations regarding HDCPs, including conducting inspections and imposing penalties for violations.

The bill also introduces specific definitions, such as "local government" and "retailer," and outlines the consequences for retailers operating without the required permits or violating regulations, which may include civil penalties of up to $1,000, permit revocation, or ineligibility for permit renewal. Furthermore, all fees and penalties collected will be directed to the local government's general fund, specifically earmarked for the enforcement of the new regulations. The act is set to take effect on July 1, 2025.

Statutes affected:
Introduced: 43-27-202