Skwim
Veteran Member
Proposition 19: The Regulate, Control and Tax Cannabis Act of 2010
Title and Summary
Changes California Law to Legalize Marijuana and Allow It to Be Regulated and Taxed. Initiative Statute.
Title and Summary
Changes California Law to Legalize Marijuana and Allow It to Be Regulated and Taxed. Initiative Statute.
Allows people 21 years old or older to possess, cultivate, or transport marijuana for personal use. Permits local governments to regulate and tax commercial production and sale of marijuana to people 21 years old or older. Prohibits people from possessing marijuana on school grounds, using it in public, smoking it while minors are present, or providing it to anyone under 21 years old. Maintains current prohibitions against driving while impaired. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: Savings of up to several tens of millions of dollars annually to state and local governments on the costs of incarcerating and supervising certain marijuana offenders. Unknown but potentially major tax, fee, and benefit assessment revenues to state and local government related to the production and sale of marijuana products.
source and more
source and more