A legislative proposal to tax and regulate marijuana for adult use in Vermont third and final reading in the Vermont Senate Friday with a veto-proof majority; the vote was 23 to 5.
The measure now moves to the Vermont House of Representatives for consideration. Passage in the House would send it to Governor Phill Scott for consideration.
Senate Bill 54, sponsored by 15 of the state’s 30 senators, would create a system of regulated marijuana production and sales for adult use in Vermont, reports the Marijuana Policy Project in a press release. Retail sales would be subject to a 10 percent tax, and municipalities could establish a 1 percent local option tax if they host a retailer. Under the proposal, oversight of the medical cannabis program would be shifted from the Department of Safety to a new independent commission beginning January 1, 2021. It would also change the word “marijuana” to “cannabis” throughout state statutes. A detailed summary of S. 54 is available at http://bit.ly/Vermont-S54.
Laws regulating and taxing cannabis for adult use have been enacted in nine states and the U.S. territory of the Northern Mariana Islands. Vermont and D.C. are the only two U.S. jurisdictions where cannabis