Require cannabis businesses to pay license taxes quarterly instead of annually

CannabisGovernance<UNKNOWN>

In Plain English

Cannabis businesses currently pay their license taxes once per year to the city. The new law requires them to pay every 3 months instead. If approved, the city receives tax revenue more frequently throughout the year rather than in a single annual payment.

Auto-generated summary. Source: official agenda documents.

Votes

Approve consent calendar

Moved by: Jael MyrickSeconded by: Ada Recinos
Passed

4 to 0

Ben ChoiAye
Jael MyrickAye
Ada RecinosAye
Melvin WillisAye