CHANGES CALIFORNIA LAW TO LEGALIZE, REGULATE, AND TAX MARIJUANA. INITIATIVE STATUTE.
Attorney General No.
Secretary of State No.
Repeals state laws that make it a crime for people to use, possess, sell, cultivate, or transport marijuana. Requires the Legislature to adopt laws regulating and taxing marijuana within one year of passage. Allows local governments to also tax the manufacture, sale, and use of marijuana. Bars state and local governments from spending money to enforce laws prohibiting the use, possession, sale, cultivation, or transportation of marijuana. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local governments: Savings in the several tens of millions of dollars annually to state and local governments on the costs of incarcerating and supervising certain marijuana offenders. Unknown but potentially major new excise, income, and sales tax revenues related to the manufacture and sale of marijuana products.
Failed to Qualify
CHANGES CALIFORNIA LAW TO LEGALIZE, REGULATE, AND TAX MARIJUANA. INITIATIVE STATUTE. California Initiative 1378 (2009).