CA AB1741

Amends Revenue and Taxation Code Section 6479.3 to allow persons licensed under the Medicinal and Adult-Use Cannabis Regulation and Safety Act (MAUCRSA) to remit sales and use tax by means other than electronic funds transfer until January 1, 2022, if the department deems it necessary to facilitate collection.

Amends Revenue and Taxation Code Section 34013 to exempt cannabis licensees from the electronic funds transfer requirement under the Fee Collection Procedures Law until January 1, 2022, if the department determines it necessary to facilitate tax collection.

Applies only to persons with estimated monthly tax liability of $10,000 or more under sales and use tax provisions and $20,000 or more under excise tax provisions.

Declares the legislation furthers the purposes of the Control, Regulate and Tax Adult Use of Marijuana Act (Proposition 64) by providing tax administration flexibility for the cannabis industry.

Takes effect immediately as an urgency statute to provide early tax relief and incentivize cannabis industry compliance with state tax law.