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County leaders call for marijuana legalization to close state budget shortfalls

Sep 11, 2020 1:00 pm
Kyle Jaeger is reporting for marijuanamoment [dot] com a report from the New York State Association of Counties, or NYSAC, includes marijuana legalization among the proposals made by the coalition this week as a way to offset economic losses caused by the coronavirus pandemic. The report includes a brief section stating that adult-use cannabis legalization “will provide the state and counties with resources for public health education and technical assistance. Counties should be allowed to apply their local sales tax rate on these transactions,” it states. “In addition, the cannabis cultivation tax should be shared with the county in which the product is grown.” In all, the more than 80 proposed policy changes put forward by the association were submitted to the state Division of Budget in the interest of building local economies statewide. Dan McCoy, the Albany County executive, said that the report sends a message to state officials that “we’re ready, willing and able to be constructive partners in the economic recovery from the coronavirus pandemic.” Gov. Andrew Cuomo has pushed for legalization as part of his last two budget proposals, but lawmakers have yet to reach consensus on the issue. The state Senate has approved several modest marijuana reform bills in recent months. Read the full story at marijuanamoment [dot] com.