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Draft adjusts excise tax, employee licensing and creates grants; committee asks fiscal and implementation analysis
Summary
The committee heard proposals to lower the cannabis excise tax from 14% to 10%, move local fee distributions to annual payments, adopt two‑year employee ID cards with a $100 biennial fee, repeal 'integrated' license references, and fund business development grants and land access loans.
Legislative counsel said the draft contains a suite of fiscal and licensing changes. Under the reader assistance heading in the draft, the excise tax would be lowered from 14% to 10%; local license fee disbursements would switch from quarterly to annual payments after administrative deductions. The draft proposes…
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