Marijuana Tax Bill Presented to Senate Committee

Marijuana Tax Bill Presented to Senate Committee

A bill calling for Rhode Island to tax and regulate marijuana like alcohol will be heard by The Rhode Island Senate Committee on Judiciary Tuesday.

Senator Joshua Miller (D-Cranston), Chairman of the Senate Committee on health and Human Services, is leading the bill, which has a total of 13 sponsors.  Senate Bill S 2379 would allow adults 21 and over to possess limited amounts of marijuana, with advocates proclaiming it could raise millions in tax revenue for the state.

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“Marijuana prohibition has been an enormous and costly failure,” said Jared Moffat, director of Regulate Rhode Island. “Regulating and taxing marijuana similarly to alcohol will create a new source of jobs and revenue, both of which are sorely needed in Rhode Island.”