Michigan GOP Lieutenant Governor Candidate Files Bill To Suspend Marijuana Tax Increase
The 24% wholesale tax on cannabis wouldn’t be “levied or imposed” for a year
The Republican nominee to be Michigan’s next lieutenant governor has filed a bill in the state legislature that would suspend a recently enacted marijuana tax increase.
Rep. Jay DeBoyer (R) introduced legislation this week that would make it so that a new 24 percent wholesale cannabis tax that was enacted by Gov. Gretchen Whitmer (D) and the legislature to raise money for road and bridge repairs would not be “levied or imposed” for a period of one year.
“The road funding plan that taxed marijuana was created and signed in haste by the Whitmer administration to generate revenue, and we’ve seen the impacts of that haste,” DeBoyer said in a statement last week before formally filing his bill on Wednesday. “The tax is generating tens of millions of dollars less in revenue than what was projected and there’s no enforcement agency to collect it.”
To Read The Rest Of This Article On Marijuana Moment, Click Here
