Much more Illinois Localities Vote For The three% Regulated Cannabis Tax Price

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Utica sets three% marijuana sales tax

Mayor says no dispensaries have inquired about the village

As other Illinois communities have completed in current weeks, Utica trustees authorized an ordinance Thursday that areas a three% tax on the sale of any “adult use cannabis” in the village beginning subsequent year.

Village President David Stewart stated state law mandates cities need to establish such ordinances ahead of Oct. 1 even if no marijuana is sold in the village or if the board decides not to permit such companies.

“At this moment, we have no such dispensaries in town and have had no inquiries to open one particular,” Stewart stated.

https://www.mywebtimes.com/2019/09/27/utica-sets-three-marijuana-sales-tax/afcs902/

 

Alton approves three% tax on legal pot sales

ALTON — Aldermen on Wednesday unanimously authorized an ordinance amending the city’s municipal code to consist of a three% municipal cannabis retailers’ occupation tax.

Starting Jan. 1, 2020, persons and companies engaged in the retail sale of cannabis in Alton need to remit payment to the Illinois Division of Income equal to three% of their gross receipts for cannabis sales, excluding cannabis bought beneath the Compassionate Use of Healthcare Cannabis Pilot System Act.

https://www.theintelligencer.com/news/short article/Alton-aproves-three-cannabis-sales-tax-14471059.php

 

Recreational Cannabis sales tax authorized in Homewood

Homewood officials approve a three % tax on the sale of recreational marijuana at the Sept. 24 village board meeting.

Governor J.B. Pritzker signed into law a bill to legalize recreational sales to adults more than 21. The state law goes into impact on Jan. 1, 2020.

Municipal governments have till Sept. 30 to establish a sales tax ordinance. The action does not authorize recreational cannabis sales in the village. A nearby zoning amendment would be essential to authorize the sales.

https://hfchronicle.com/short article/2019/sep/27/recreational-cannabis-sales-tax-authorized-homewood

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