To fund general municipal expenses such as police, fire, roads and recreation, shall the City tax cannabis (marijuana) businesses at annual rates not to exceed $10.00 per canopy square foot for cultivation (adjustable for inflation), 6% of gross receipts for retail cannabis businesses, and 4% for all other cannabis businesses; which is expected to generate an estimated $8,000 to $12,000 annually and will be levied until repealed by the voters or the City Council?
2, Placer County • 2018 • M
Passed
Result: 62.2% yes, 37.8% no (693 votes cast)
AI-generated plain-language summary
This measure authorized the City of Placer to tax cannabis businesses at rates up to $10 per square foot for cultivation, 6% of gross receipts for retail, and 4% for other cannabis businesses to fund general municipal expenses. The tax was expected to generate $8,000 to $12,000 annually and would remain in effect until repealed by voters or the City Council.