To: Board of Supervisors
From: Supervisor Williams
Meeting Date: April 5, 2022
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Department Contact: |
Supervisor Williams |
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463-4441 |
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Department Contact: |
Kristin Nevedal |
Phone: |
234-6680 |
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Item Type: Consent Agenda |
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Time Allocated for Item: N/A |
Agenda Title:
title
Approval of Transmission of a Letter of Support for SB 1281
(Sponsor: Supervisor Williams and Cannabis)
End
Recommended Action/Motion:
recommendation
Approve transmission of a letter of support for SB 1281 and authorize Chair to sign same.
End
Previous Board/Board Committee Actions:
On December 7, 2021 the Board of Supervisors adopted a resolution requesting state cultivation tax reform.
On January 4, 2021 the Board of Supervisors approved the 2022 Legislative Platform which includes State actions to advocate for the elimination of the State cultivation tax as a means to support the economic recovery of small businesses and quell competition with the illicit market; and to advocate for a reduction in the State excise tax including a restructuring of the excise tax so that it is accessed at the point of sale of cannabis and cannabis goods to the consumer and remitted by the licensed retail entity.
Summary of Request:
Approve transmission of a letter of support for SB 1281.
SB 1281 (Bradford) effective January 1, 2023, would permanently discontinue to the imposition of the cultivation tax, reduce the excise tax to 5 percent, remove the mark-up from the definition of average market price in an arm’s length transaction, remove the requirement that the distributor collect the excise tax from the cannabis retailer and shift the excise tax collection to the point of sale, requiring the retailer to remit the excise tax to the California Department of Tax and Fee Administration (CDTFA).
Recommended attached support letter for SB 1281.
Alternative Action/Motion:
Do not approve transmission of the letter.
Does This Item Support the General Plan? N/A
Supervisorial District: All
vote requirement: Majority
Supplemental Information Available Online At:
SB1281: <https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202120220SB1281>
Fiscal Details:
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source of funding: N/A |
budgeted in current f/y: N/A |
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current f/y cost: N/A |
if no, please describe: |
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annual recurring cost: N/A |
revenue agreement: N/A |
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budget clarification: N/A |
Agreement/Resolution/Ordinance Approved by County Counsel: N/A
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CEO Liaison: Judy Morris, Deputy CEO |
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CEO Review: Choose an item. |
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CEO Comments:
FOR COB USE ONLY
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Executed By: Atlas Pearson, Deputy Clerk II |
Final Status:Item Status |
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Date: |
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