Vermont Lawmakers Finally Reach Deal On Marijuana Sales Legalization Bill

Vermont Lawmakers Finally Reach Deal On Marijuana Sales Legalization Bill

A Vermont panel of House and Senate negotiators have reached a final compromise deal on a bill to tax and regulate marijuana sales in the state. While Vermont legalized possession of up to one ounce of cannabis and cultivation of two plants in 2018, there are currently no regulations in place that allow for retail sales. That would change under S. 54, which previously cleared both chambers of the legislature before being sent to the bicameral conference committee to reconcile differences. The panel has held a series of meetings on the legislation in recent weeks, with members negotiating key provisions such as tax rates, local control, saliva testing and advertising. Each side offered a bevy proposals and counterproposals in the final housrs of negotiations before reaching an agreement late Tuesday. Sen. Jeannette White (D), a conferee, confirmed to Marijuana Moment that the conference report was signed by all six members of the panel. Here are the main compromises on remaining issues reached by the bicameral group of lawmakers: -The excise tax rate on marijuana will be set at 14 percent, in addition to the state’s six percent sales tax. The Senate agreed to give up a proposal to have two percent of that 14 percent go to local jurisdictions; instead, those municipalities would receive funds through license and distributor fees. -In order to conduct a saliva test for suspected cannabis-impaired driving, police would need to obtain a search warrant and the sample couldn’t be taken at roadside. The Senate opposed…

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Source : MJ moment
Link to original : Vermont Lawmakers Finally Reach Deal On Marijuana Sales Legalization Bill
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