Nevada Governor Pledges Marijuana Tax Dollars For Schools In State Of State Address

MJ moment

The governor of Nevada said on Tuesday that his budget proposal contains provisions to keep marijuana tax revenue flowing to schools in the state. Gov. Steve Sisolak (D) discussed his fiscal plan during a State of the State address, saying it “ensures marijuana tax dollars will continue to fund education, to ensure districts can meet the needs of students during the pandemic and beyond.” My budget also ensures marijuana tax dollars will continue to fund education, to ensure districts can meet the needs of students during the pandemic and beyond. #NVSOTS — Governor Sisolak (@GovSisolak) January 20, 2021 “The 2019 Legislature approved SB 545 which requires the proceeds of the 10% excise tax imposed on recreational sales of marijuana products to be deposited to the [Distributive School Account],” the governor’s budget says. “This new education funding did not offset general fund and was placed in the account as an enhancement. This is continued in the 2021-2023 budget.” Watch the governor talk about marijuana revenue and education below:  For fiscal year 2021, Nevada had already taken in more than $36 in cannabis tax revenue as of September. Sisolak has also committed to promoting equity and justice in the state’s marijuana law. Last year, for example, he pardoned more than 15,000 people who were convicted for low-level cannabis possession. That action was made possible under a resolution the governor introduced that was unanimously approved by the state’s Board of Pardons Commissioners. Sisolak isn’t the first governor to bring up marijuana policy during their annual address this year. In his State of the State speech last week, New Jersey Gov. Phil Murphy (D) reaffirmed his commitment to passing legislation to get a legal marijuana market up and running after voters approved a legalization referendum in November. Also last week, New York Gov. Andrew…

Excerpt only …
READ MORE BELOW
Source : Nevada Governor Pledges Marijuana Tax Dollars For Schools In State Of State Address

reposted by Cannabis News World

This site uses Akismet to reduce spam. Learn how your comment data is processed.