Friday, July 17, 2009

City council members want to explore possible marijuana tax

A trio of City Council members called Wednesday for exploring the possibility of taxing medical marijuana sold within city limits.

The motion, presented by Councilwoman Janice Hahn and Councilman Dennis Zine, and seconded by Councilman Bill Rosendahl, directed the City Administrative Officer to "report on the feasibility of imposing a 'cannabis business tax' on legally operating medical marijuana dispensaries in the city."

"In this current economic crisis, we need to get creative about how to raise funds," Hahn said. "A tax on medical marijuana could enable the city to continue providing services we might otherwise have to cut."

Zine added, "Part of becoming a legitimate business in the city of Los Angeles means supporting local government by paying a fair share of municipal taxes."

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