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Senate committee approves cleanup bill that taxes 'net' marijuana sales and clarifies manufacturer licensing
Summary
Senate Finance and Claims passed Senate Bill 74, a technical set of changes to marijuana tax and licensing definitions that sponsors described as cleanup and alignment of statute with practice; committees heard fiscal implications including an estimated 1% reduction in tax collections tied to taxing discounted (net) retail prices.
The Senate Finance and Claims Committee voted to pass Senate Bill 74, legislation that updates definitions used in Montana’s marijuana tax and licensing system to tax actual retail (net) sales rather than list price and to clarify the meaning of manufacturer licensing for producers that operate multiple facilities.
Senator Josh Kasmier (SD 13), who presented the bill, said the measure was largely technical and intended to align statutory language with market…
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