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CA AB821
Bill
Status
Passed
9/29/2016
Primary Sponsor
Mike Gipson
Click for details
AI Summary
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Authorizes medical cannabis dispensaries with seller's permits to remit sales and use tax payments by means other than electronic funds transfer until January 1, 2022.
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Applies only to dispensaries as defined in the Medical Cannabis Regulation and Safety Act, exempting them from the standard requirement that businesses with estimated monthly tax liability of $10,000 or more use electronic funds transfer.
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Does not modify penalties or other requirements for tax filing and payment compliance; exemption is limited to the payment method only.
Legislative Description
Sales and use taxes: administration: payments: dispensaries.
Last Action
Chaptered by Secretary of State - Chapter 811, Statutes of 2016.
9/29/2016
Committee Referrals
Appropriations5/11/2016
Governance and Finance2/18/2016
Rules1/28/2016
Appropriations1/12/2016
Revenue and Taxation1/5/2016
Rules1/4/2016
Revenue and Taxation3/12/2015
Full Bill Text
No bill text available