Rhode Island General Laws 44-70-5. Application of tax revenue
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The administrator shall deposit revenue collected pursuant to this chapter from the state cannabis excise tax or associated amounts as penalties, forfeitures, interest, costs of suit, and fines for failure to timely report or pay the state cannabis excise tax into the marijuana trust fund pursuant to § 21-28.11-13(d) and revenue from the sales tax into the general fund.
History of Section.
P.L. 2022, ch. 31, § 4, effective May 25, 2022; P.L. 2022, ch. 32, § 4, effective May 25, 2022.
Terms Used In Rhode Island General Laws 44-70-5
- State cannabis excise tax: means the tax set forth in § 44-70-2. See Rhode Island General Laws 44-70-1