An Act relative to increasing the local option tax in the city of Salem on the sale of marijuana and marijuana products
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Overview
This bill would allow the city of Salem to increase the local option tax on the sale of marijuana and marijuana products. The city council and mayor have approved this measure, which would give Salem the authority to set a higher tax rate than currently permitted. This increase in revenue is intended to benefit the city’s finances. The bill has been referred to the committee on Revenue and subsequently concurred in by the Senate.
Key provisions
- Authorizes the city of Salem to increase its local option tax.
- Specifically applies to the sale of marijuana and marijuana products.
- Requires approval from the mayor and city council.
- Revenue generated will be for the city of Salem.
- The bill was referred to the committee on Revenue.
- The Senate concurred with the bill.
Who is affected
- City of Salem residents
- Businesses selling marijuana and marijuana products in Salem
- Taxpayers in Salem
Notable changes
- Increases the existing local option tax rate for marijuana sales in Salem.
- Provides Salem with greater control over revenue generated from marijuana sales.
Bill text
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Sponsors
Official sponsors from legislative records.
3 on record
Primary sponsor
Cosponsors
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