Another marijuana bill delayed by disagreement on tax ratesPosted by On

The front office and legislative leaders haven’t reached an agreement on how to tax the recreational marijuana industry, delaying enabling legislation marijuana backers in the State Senate expected to pass without much issue.

“We had a good leadership meeting this morning. No resolution on Marijuana,” Murphy said at Thursday’s virus briefing. “I still support both an excise tax upstream as well as at least a notional strong statement associated with investing those proceeds to address the inequities and the realities that the war on drugs created.”

The bills, S21 and A21, were pulled from Senate and Assembly committee meetings held earlier Thursday.

Activists have criticized the enabling legislation for imposing just the state’s sales tax on retail marijuana sales and for appropriating those proceeds largely to police. Local governments are allowed to enact a 2% tax on marijuana sales, but the state is limited to taxing retail purchases at 6.625%.

Murphy and…

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