Post by Logan on Mar 12, 2016 20:59:54 GMT -6
Lawmaker proposes taxes on legal, illegal marijuana products
JUNEAU — Marijuana growers in Alaska could see operation expenses spike if a tax and bond bill introduced by an Anchorage lawmaker passes.
The bill would punitively tax marijuana grown illegally in the state and add a $5,000 cash bond requirement for new legal marijuana businesses.
A House Labor and Commerce committee heard support from the Alaska Department of Revenue on Wednesday during a first hearing on Republican Rep. Gabrielle LeDoux’s bill.
“The initiative itself referred to treating marijuana like alcohol,” said Ken Alper, director of the department. “Many of the powers embedded in this bill are powers that we currently have on alcohol and make it much easier for us to administer the alcohol tax. We think we’ll do a better job of collecting Alaska’s marijuana tax if we have the authorities in this legislation.”
Read more: juneauempire.com/state/2016-03-11/lawmaker-proposes-taxes-legal-illegal-marijuana-products
JUNEAU — Marijuana growers in Alaska could see operation expenses spike if a tax and bond bill introduced by an Anchorage lawmaker passes.
The bill would punitively tax marijuana grown illegally in the state and add a $5,000 cash bond requirement for new legal marijuana businesses.
A House Labor and Commerce committee heard support from the Alaska Department of Revenue on Wednesday during a first hearing on Republican Rep. Gabrielle LeDoux’s bill.
“The initiative itself referred to treating marijuana like alcohol,” said Ken Alper, director of the department. “Many of the powers embedded in this bill are powers that we currently have on alcohol and make it much easier for us to administer the alcohol tax. We think we’ll do a better job of collecting Alaska’s marijuana tax if we have the authorities in this legislation.”
Read more: juneauempire.com/state/2016-03-11/lawmaker-proposes-taxes-legal-illegal-marijuana-products