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FL S1698

Bill

Status

Failed

3/14/2022

Primary Sponsor

Gary Farmer

Click for details

Origin

Senate

2022 Regular Session

AI Summary

  • Imposes a 15% state sales tax on marijuana sold at retail marijuana stores and a tax of 19 cents per milligram of THC on marijuana-infused food or beverages sold at consumption sites
  • Requires retail marijuana stores and consumption sites to file monthly returns with the Division of Cannabis Management, including tax payments and complete sales records
  • Authorizes the Division to revoke a store's or site's license for failure to make required tax payments
  • Allows counties and municipalities to levy additional local sales taxes on marijuana, capped at 3.75% of sales price for retail stores and 4 cents per milligram of THC for consumption sites
  • Exempts qualified medical marijuana purchases from all state and local sales taxes, including the new marijuana-specific taxes and general sales tax under s. 212.06

Legislative Description

Taxes/Marijuana

Last Action

Died in Health Policy

3/14/2022

Full Bill Text

No bill text available