Tax on adult use cannabis and adult use cannabis products

Official source

All sales tax revenue collected pursuant to section 1811 on the sale of adult use cannabis and adult use cannabis products must be deposited into the General Fund, except that, on or before the last day of each month, the State Controller shall transfer 12% of the sales tax revenue received by the assessor during the preceding month pursuant to section 1811 to the Adult Use Cannabis Public Health and Safety and Municipal Opt-in Fund established under Title 28-B, section 1101 . [PL 2021, c. 645, §5 (AMD); PL 2021, c. 669, §5 (REV).]

loading…

Tax on adult use cannabis and adult use cannabis products

Official source

All sales tax revenue collected pursuant to section 1811 on the sale of adult use cannabis and adult use cannabis products must be deposited into the General Fund, except that, on or before the last day of each month, the State Controller shall transfer 12% of the sales tax revenue received by the assessor during the preceding month pursuant to section 1811 to the Adult Use Cannabis Public Health and Safety and Municipal Opt-in Fund established under Title 28-B, section 1101 . [PL 2021, c. 645, §5 (AMD); PL 2021, c. 669, §5 (REV).]