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La Senate Bill 22 - A hint of what's to come re: legalization?
Posted on 2/25/14 at 10:47 am
Posted on 2/25/14 at 10:47 am
LINK
Seeking to use some of tax monies generated by any legalization to help pay off the State's UAL. Does this mean Senator Guillory knows of something that's coming, or is this just getting ducks in a row in case legalization happens?
quote:
Section 1. (A) There is hereby created in the state treasury the State Retirement Fund. Notwithstanding any other provision of law in effect on the effective date of this Act or thereafter, the treasurer shall deposit into the State Retirement Fund five percent of the amount of each tax, assessment, or fee collected under any provision of state law in Fiscal Year 2014-2015 and under any provision of state law in each fiscal year thereafter, which provision of law is related to legalization of marijuana, after first having credited such amounts to the Bond Security and Redemption Fund as required by Article VII, Section 9(B) of the Constitution of Louisiana.
Seeking to use some of tax monies generated by any legalization to help pay off the State's UAL. Does this mean Senator Guillory knows of something that's coming, or is this just getting ducks in a row in case legalization happens?
Posted on 2/25/14 at 10:49 am to Bard
quote:
is this just getting ducks in a row in case legalization happens?
This. Tons of bills like this pass every year. The state doesn't want to blindsided by something.
Posted on 2/25/14 at 10:53 am to TN Bhoy
quote:
The state doesn't want to miss out on an opportunity to tax something.
fify ;)
Posted on 2/25/14 at 10:57 am to Bard
Getting ducks in a row but with Louisiana politics it's also a good way to buy the vote and or silence of critics...
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