Shall a measure, (i) imposing a graduated tax ranging from 0.5 cents per dollar to 2.5 cents per dollar, at half-cent increments, on five levels of Lompoc cannabis manufacturing/distribution operators’ annual revenues ranging from $10,000,000 or less to over $55,000,000, with no sunset clause, estimated to collect $1,200,000 annually based on currently established operations, (ii) excluding sales/excise taxes from City cannabis tax calculations and (iii) allowing receipts to show those taxes, be adopted?
2, Santa Barbara County • 2021 • Measure
Passed
Result: 74.7% yes, 25.3% no (9,950 votes cast)
AI-generated plain-language summary
This measure imposes a graduated tax on cannabis manufacturing and distribution businesses in Lompoc ranging from 0.5 to 2.5 cents per dollar of annual revenue based on five revenue tiers from $10 million to over $55 million. The measure excludes sales and excise taxes from the cannabis tax calculations and allows those taxes to be shown separately on receipts, with an estimated annual collection of $1.2 million.