An Act establishing a local transaction fee on cannabis sales
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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 proposes to create a local transaction fee on cannabis sales within Massachusetts. The fee would be collected at the point of sale and distributed to local municipalities. The goal is to provide local governments with additional revenue to support community programs and services. This revenue would be separate from existing state cannabis taxes.
Key provisions
- Establishes a transaction fee on cannabis sales.
- Specifies that the fee is collected at the point of sale.
- Outlines the distribution of the collected fees to local municipalities.
Who is affected
- Cannabis retailers
- Local municipalities in Massachusetts
- Consumers purchasing cannabis
Notable changes
- Creates a new revenue stream for local governments from cannabis sales.
- Distinguishes this fee from existing state cannabis taxes.
Bill text
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Michael J. Soter
Cosponsor
Michael J. Soter
Arguments
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