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2019 California Code
Revenue and Taxation Code - RTC
DIVISION 2 - OTHER TAXES
PART 14.5 - Cannabis Tax
Section 34017.
Universal Citation: CA Rev & Tax Code § 34017 (2019)
34017.
The Legislative Analyst’s Office shall submit a report to the Legislature by January 1, 2020, with recommendations to the Legislature for adjustments to the tax rate to achieve the goals of undercutting illicit market prices and discouraging use by persons younger than 21 years of age while ensuring sufficient revenues are generated for the programs identified in Section 34019.
(Added November 8, 2016, by initiative Proposition 64, Sec. 7.1.)
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