CINCINNATI (Cincinnati Business Courier) – Hamilton County and Anderson Township officials criticized a state proposal to strip marijuana tax revenue from local governments and instead send it to Ohio’s general fund, saying a Senate bill defies the will of the voters who legalized recreational cannabis use in 2023.
The state law voters passed requires that the tax revenue from marijuana sales be shared with local governments. Senate Bill 56, legislation proposed by state Sen. Steve Huffman, R-Tipp City, would increase the tax from 10% to 15% and divert all of the revenue to the state.
On Thursday, Feb. 13, Hamilton County commissioners voted unanimously to oppose the bill, and Anderson Township Administrator Vicky Earhart said it would hurt the township’s ability to cut property taxes.
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Hamilton County opposes Senate Bill 56 diverting marijuana tax revenue. The bill increases tax from 10% to 15% statewide. Read More