Placerville, California, Measure M, Marijuana Business Tax (November 2018)
| Measure M: Placerville Marijuana Business Tax |
|---|
|
| The basics |
| Election date: |
| November 6, 2018 |
| Status: |
 Approved
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| Topic: |
| Local marijuana tax |
| Related articles |
| Local marijuana tax on the ballot November 6, 2018 ballot measures in California El Dorado County, California ballot measures City tax on the ballot |
| See also |
| Placerville, California |
A marijuana business tax was on the ballot for Placerville voters in El Dorado County, California, on November 6, 2018. It was approved.
| A yes vote was a vote in favor of authorizing the city to tax marijuana businesses at rates of $10 per square foot for cultivation, 8 percent of gross receipts for retail businesses, and 4 percent of gross receipts for other marijuana businesses. |
| A no vote was a vote against authorizing the city to tax marijuana businesses at rates of $10 per square foot for cultivation, 8 percent of gross receipts for retail businesses, and 4 percent of gross receipts for other marijuana businesses. |
Election results
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Placerville, California, Measure M, Marijuana Business Tax (November 2018) |
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| Result | Votes | Percentage | ||
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2,641 | 67.46% | ||
| No | 1,274 | 32.54% | ||
Text of measure
Ballot question
The ballot question was as follows:[1]
| “ |
Shall the measure establishing a cannabis (marijuana) businesses tax at annual rates not to exceed $10.00 per canopy square foot for cultivation (adjustable for inflation), 8% of gross receipts for retail cannabis businesses, and 4% for all other cannabis businesses; which is expected to generate an estimated $50,000 to $70,000 annually and will be levied until repealed by the voters or the City Council in order to fund general municipal expenses, be adopted?[2] |
” |
Full text
The full text of the measure is available here.
Path to the ballot
This measure was put on the ballot through a vote of the governing officials of Placerville, California.
See also
External links
Footnotes
- ↑ El Dorado County, "Measures - November 6, 2018 Election," accessed October 16, 2018
- ↑ Note: This text is quoted verbatim from the original source. Any inconsistencies are attributable to the original source.
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