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Tracy, California, Measure W, Marijuana Tax (November 2020)
| Tracy Measure W | |
|---|---|
 | |
| Election date November 3, 2020 | |
| Topic Local marijuana tax and City tax | |
Status Approved | |
| Type Referral | Origin Lawmakers |
Tracy Measure W was on the ballot as a referral in Tracy on November 3, 2020. It was approved.
A "yes" vote supported authorizing marijuana business taxes at the following rates: 6% of gross receipts for retail businesses, 4% of gross receipts for other businesses, and $12 per sq. ft. for canopy cultivation, thereby generate an estimated $350,000-$700,000 per year in revenue for the city's general fund. |
A "no" vote opposed this measure authorizing marijuana business taxes at the following rates: 6% of gross receipts for retail businesses, 4% of gross receipts for other businesses, and $12 per sq. ft. for canopy cultivation. |
A simple majority was required for the approval of Measure W.
Election results
|
Tracy Measure W |
||||
|---|---|---|---|---|
| Result | Votes | Percentage | ||
|
|
22,554 | 63.15% | ||
| No | 13,161 | 36.85% | ||
Text of measure
Ballot title
The ballot title for Measure W was as follows:
| “ | Shall the City adopt an ordinance imposing a general tax on cannabis businesses, including hemp, not to exceed $12.00 per canopy square footfor cultivation (adjusted forinflation), 6% of gross receipts for retail, and 4% for all other businesses; estimated to generate $350,000 to $700,000 annually for Tracy until voters change or repeal it, to fund core City services such as public safety, public works, parks, and community services? | ” |
Full Text
The full text of this measure is available here.
Path to the ballot
This measure was put on the ballot through a vote of the governing body of Tracy.
See also
External links
Footnotes
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State of California Sacramento (capital) |
|---|---|
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