OH SB240

County commissioners may levy an excise tax on retail sales of adult use marijuana to fund cultural, artistic, and entertainment opportunities within the county

Tax rate must be expressed in multiples of 0.25% and cannot exceed 3% total; tax may be levied for up to 10 years

Requires approval by majority of county voters at a general or special election held at least 90 days after the board certifies its resolution

Tax revenue distribution: 98% goes to the county through the permissive tax distribution fund; 2% retained by the state tax commissioner for administrative costs

Tax commissioner must distribute funds to the county treasurer by the 10th day of each month following collection