Your trusted local news source since 1910

Where to allocate weed tax revenues?

Legislature weighs competing measures for how to spend $50 million of recreational marijuana tax revenues.

Two proposals with competing visions for the tens of millions in taxes that Montana collects annually on the sale of recreational marijuana are still making their way through the Legislature as lawmakers work to set a two-year state budget.

One measure, House Bill 669, would funnel most of the state’s adult-use marijuana tax collections — which are forecast to top $50 million per year — to the General Fund, allowing lawmakers to distribute that money as they see fit on a session-by-session basis, including this one. The other, Senate Bill 442, started as a proposal to divvy taxes between rural...

 

Reader Comments(0)