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Oregon considers 20 percent tax on retail marijuana

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Submitted by Marijuana News on Wed, 06/10/2015 - 08:00

GRANTS PASS, Ore. (AP) - The Oregon Legislature is considering imposing up to a 20 percent sales tax on retail sales of marijuana once it becomes available to consumers.

Proposed amendments to a bill (HB 2041) allowing localities to prohibit marijuana facilities within 1,000 feet of schools would impose a 17 percent state tax on retail sales of marijuana products, from buds to candies.

The latest amendments to the main bill (HB 3400) laying out regulations for legal marijuana in Oregon under the ballot measure enacted by voters last fall would allow cities and counties to charge a 3 percent tax, if local voters approve.

Scott Winkels, lobbyist for the League of Oregon Cities, said they were happy the Legislature gave localities authority to charge a tax - Measure 91 gave only the state authority to tax, with some of the revenues shared with localities -...

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URL: 
http://www.katu.com/politics/Oregon-considers-20-percent-tax-on-retail-marijuana-306694771.html

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