Montana: B-SB voters to decide if cannabis taxes, levy should be for search and rescue

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Summary

Voters will decide on June 7 if recreational and medical marijuana sales are taxed in Butte-Silver Bow County and whether residents should pay about $75,000 in property taxes each year to the 15-90 Search and Rescue team. They might bring in about $200,000 a year in Butte-Silver Bow based on estimates Missoula County made for its marijuana taxes. J.P. Gallagher, Butte-Silver Bow’s chief executive, wanted the marijuana tax measures on the ballot. One asks if Butte-Silver Bow should impose a 3% tax on recreational marijuana sales, one asks if medical marijuana sales should be taxed at 3% and the other asks if an annual one-mill levy raising about $75,000 should go to search and rescue. The latter question notes to voters that one mill will add $1.35 to tax bills on houses valued at $100,000 and $2.70 for homes worth $200,000.

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Voters will decide on June 7 if recreational and medical marijuana sales are taxed in Butte-Silver Bow County and whether residents should pay about $75,000 in property taxes each year to the 15-90 Search and Rescue team.

Commissioners had indicated support for putting the measures on the June primary ballot and made it official last week, approving resolutions with the precise wording of each question.

One asks if Butte-Silver Bow should impose a 3% tax on recreational marijuana sales, one asks if medical marijuana sales should be taxed at 3% and the other asks if an annual one-mill levy raising about $75,000 should go to search and rescue.

The...

Read the full article @ Cannabis Law Report