Nevada projecting $529K cost to start new pot tax

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Updated: 8/11/2013 10:49 pm

CARSON CITY, Nev. (AP) — Nevada tax officials are projecting $529,000 in startup costs before the state begins to recoup money from a new tax on the sale of medical marijuana.

The state Taxation Department has requested money from a special legislative fund to cover the cost of collecting the dispensary tax that Gov. Brian Sandoval signed into law earlier this year.

The measure goes into effect next year.

The state Board of Examiners is scheduled to consider the request Tuesday before it's forwarded to the Legislature's Interim Finance Committee.

Advocates say of the new system could raise up to $30 million a year.

Nevada voters approved medicinal pot more than a decade ago, but the only legal way to get it has been for cardholders to grow it themselves.

 

©2013 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Denton - 8/11/2013 5:57 PM
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But the state doesn't need that money so who cares. Sounds like they are drinking fans instead. And don't care if the whole state suffers.

TAZEMANDGRIN - 8/10/2013 11:04 PM
0 Votes
$30.000.000 for the state in medical Marijuana revenue. $300.000.000 if legalized for recreational use, such as Colorado and Washington did. Even more if the state ran the dispensaries, as some states control alcohol sales.
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