Proposed: 3% sales tax on recreational marijuana
Vote: Anticipated April 4, 2023 (following final approval from Council 1/23/23)
Missouri voters passed Amendment 3 to legalize recreational marijuana, and to give voters the option to tax the sales at 3%. Currently Cape Girardeau County and other cities are planning on to put the tax on the April ballot.
- Only recreational marijuana shoppers would pay the tax
- Additional revenue is estimated to start at $153,660/year. The money will be used for priorities set by the community and City Council in the General Fund supporting police, fire, streets, parks, and other services. Up to 25% could be earmarked each year for mental health and drug treatment and prevention, coordinated by the Police Department.
Download ordinance anticipated for final approval Jan. 23