Katelyn Baker
Well-Known Member
Santa Fe, N.M. — A bill that would legalize and tax marijuana in New Mexico is facing a road block.
The Santa Fe New Mexican reports the Senate Judiciary Committee held off on making a decision on the bill Friday.
The bill's sponsor Sen. Gerald Ortiz Y Pino said he will work on a revised bill that could be ready as early as Tuesday.
As of now, there would be a 15% sales tax to help state finances.
Local governments would choose whether to allow marijuana sales and could collect a 5% tax.
News Moderator: Katelyn Baker 420 MAGAZINE ®
Full Article: Committee Holds Off On Decision For Marijuana Tax Bill
Author: Christian Naranjo
Contact: (505) 243-2285
Photo Credit: KRQE
Website: KRQE
The Santa Fe New Mexican reports the Senate Judiciary Committee held off on making a decision on the bill Friday.
The bill's sponsor Sen. Gerald Ortiz Y Pino said he will work on a revised bill that could be ready as early as Tuesday.
As of now, there would be a 15% sales tax to help state finances.
Local governments would choose whether to allow marijuana sales and could collect a 5% tax.
News Moderator: Katelyn Baker 420 MAGAZINE ®
Full Article: Committee Holds Off On Decision For Marijuana Tax Bill
Author: Christian Naranjo
Contact: (505) 243-2285
Photo Credit: KRQE
Website: KRQE
