New bill could generate $1.4B yearly in marijuana taxes

A new bill introduced by a San Francisco state assemblyman could generate annually about $1.4 billion in revenue from taxing marijuana, officials said today.

ABX6-9, by Assemblyman Tom Ammiano, D-San Francisco, is meant to tax cannabis if voters approve Proposition 19 in the Nov. 2 election, which would legalize marijuana consumption in California.

Ammiano's bill would “regulate, control, and tax” marijuana, he said at a press conference today.

It would also help fight the war on drugs, which he said has failed.

“We're really not putting enough money in and around addiction and substance abuse,” Ammiano said.

He said he's uncertain where in city government the revenue generated from the bill would be directed.

“Nothing is really set in stone,” he said, but added that he would like to see it go to education and substance abuse programs.

Nate Bradley, who works for Law Enforcement Against Prohibition, said today that taxing marijuana could help take money out of the hands of criminals.

“They currently take in $14 billion a year in our state alone,” he said.

LEAP is a group of current and former law enforcement officers who speak about drug policies that have failed, according to the group's website.

Along with Ammiano, LEAP members believe Proposition 19 and ABX6-9 would create government policies that would help officials address criminalized portions of the marijuana industry.

“Kids aren't getting shot in our schools over vodka sales gone bad,” Bradley said. “They're getting shot in our schools over marijuana sales.”

Ammiano said, “If the demand for marijuana is being filled, especially now by very, very dangerous cartels, this will start to minimize their markets.”

“Once you lift the prohibition,” he said, “you take the gangs out of it.”

Bay Area NewsLocalMarijuanaTom Ammiano

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

From left, California state Sen. Milton Marks, Sen. Nicholas Petris, Assemblyman John Knox and Save San Francisco Bay Association co-founders Esther Gulick, Sylvia McLaughlin and Kay Kerr watch Gov. Ronald Reagan sign the bill establishing the Bay Conservation and Development Commission as a permanent agency in 1969. (Courtesy Save The Bay)
Sixty years of Saving San Francisco Bay

Pioneering environmental group was started by three ladies on a mission

Temporary high-occupancy vehicle lanes will be added to sections of state Highway 1 and U.S. Highway 101, including Park Presidio Boulevard, to keep traffic flowing as The City reopens. <ins>(Ekevara Kitpowsong/Special to S.F. Examiner)</ins>
Transit and high-occupancy vehicle lanes coming to some of The City’s busiest streets

Changes intended to improve transit reliability as traffic increases with reopening

Tents filled up a safe camping site in a former parking lot at 180 Jones St. in the Tenderloin in June 2020.<ins> (Kevin N. Hume/S.F. Examiner)</ins>
Proposal for major expansion of safe sleeping sites gets cool reception in committee

Supervisor Mandelman calls for creation of more temporary shelter sites to get homeless off streets

A surplus of	mice on the Farallon Islands have caused banded burrowing owls to stay year round instead of migrating, longtime researchers say. <ins>(Courtesy Point Blue Conservation Science)</ins>
Farallon Islands researchers recommend eradicating mice

The Farallon Islands comprise three groups of small islands located nearly 30… Continue reading

Once we can come and go more freely, will people gather the way they did before COVID? <ins>(Jessica Christian/S.F. Examiner file photo)</ins>
What happens when the pandemic is over?

After experiencing initial excitement, I wonder just how much I’ll go out

Most Read