SB1846

Oklahoma SB1846 allows counties and municipalities to levy an excise tax on the sale of medical marijuana.

Oklahoma SB1846 authorizes counties and municipalities to impose an excise tax on the sale of medical marijuana. The tax requires voter approval through a special election, with a majority needed for passage. If voters reject the tax, another election cannot be called for six months. The tax duration can be limited or unlimited, and funds must be used for purposes protecting and promoting citizens' life, liberty, and property. If recreational marijuana is legalized, the tax provisions will apply to it at the same rates and conditions.