SFWeekly | Assemblyman Tom Ammiano's press conference this morning announcing his marijuana-legalization bill started punctually and stayed relentlessly on-point -- thereby denying a barb to every journalist present. Ammiano and the assembled speakers at San Francisco's State Building also spoke calmly and methodically, at one point being drowned out by a floor-waxer. The famously funny lawmaker reined himself in, presenting "The Marijuana Control, regulation and education act (AB 390)" as a simple matter of fiscal common sense. If you believe Ammiano and his straitlaced panel, it is. In a nutshell, here's what the bill would do: "Remove all penalties under California law for the cultivation, transportation, sale, purchase, possession, and use of marijuana, natural THC and paraphernalia by persons over the age of 21," "prohibit local and state law enforcement officials from enforcing federal marijuana laws (more on that later)" and establish a fee of $50 an ounce on marijuana on top of whatever pot will cost in a legal future -- which legalization advocates say is about half what it costs now. This tax rate figures at about a buck a joint.
Betty Yee, the chairwoman of the Board of Equalization, called Ammiano's proposal "a responsible measure on how to work out the regulatory framework of the legalization of marijuana." Her board's research indicated $1.3 billion in tax dollars could immediately head into the state's coffers from the fee on marijuana and the sales tax on medical pot.
Betty Yee, the chairwoman of the Board of Equalization, called Ammiano's proposal "a responsible measure on how to work out the regulatory framework of the legalization of marijuana." Her board's research indicated $1.3 billion in tax dollars could immediately head into the state's coffers from the fee on marijuana and the sales tax on medical pot.
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