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CA AB2149
Bill
Status
11/30/2016
Primary Sponsor
Susan Bonilla
Click for details
AI Summary
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Authorizes the State Board of Equalization or counties to collect cash payments from medical cannabis-related businesses on behalf of state agencies including the Department of Consumer Affairs, Department of Food and Agriculture, Employment Development Department, and others through formal agreements.
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Requires county participation to be approved by both the board of supervisors and the county tax collector or treasurer-tax collector before entering into collection agreements.
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Allows the State Board of Equalization and counties to retain up to 10% of collected regulatory fees as continuous appropriation for collection costs, or up to 10% of fines and penalties upon legislative appropriation.
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Permits state agencies to impose an additional cash collection fee up to 10% to cover costs of processing and securing cash payments, as jointly determined by the agency and collecting entity.
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Requires all agreements to specify that collected funds be transmitted to the State Treasurer for deposit into the appropriate state funds and accounts, with administrative costs capped at 10% of amounts collected.
Legislative Description
State Board of Equalization: counties: state agencies: collection of cash payments: medical cannabis-related businesses.
Last Action
From Senate committee without further action.
11/30/2016