Bill
Bill > H3298
MA H3298
MA H3298Authorizing the town of Plymouth to impose a local excise tax on the cultivation, transfer and sale of medical marijuana, cannabis compounds and other cannabis-sourced products
summary
Introduced
01/20/2015
01/20/2015
In Committee
01/20/2015
01/20/2015
Crossed Over
Passed
Dead
07/31/2016
07/31/2016
Introduced Session
189th General Court
Bill Summary
For legislation to impose a five percent excise tax on the cultivation and sale of medical marijuana and/or other cannabis products in the town of Plymouth. Revenue. [Local Approval Received.]
AI Summary
This bill authorizes the town of Plymouth to implement a local excise tax, which is a tax on specific goods or services, at a rate of 5 percent on the cultivation, wholesale sales, and retail sales of medical marijuana and other cannabis products. This tax would apply to sales made by licensed medical marijuana treatment centers within Plymouth, as well as wholesale sales of cannabis cultivated in Plymouth, even if sold by a treatment center in another town. The revenue generated from this tax would be paid to the town's treasurer on a quarterly basis.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Accompanied a study order, see H4639 (on 09/26/2016)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/189/H3298 |
| Bill | https://malegislature.gov/Bills/189/H3298.pdf |
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