OK SB1846Introducedas of 2026-02-02
Excise tax; authorizing counties and municipalities to levy excise tax on marijuana. Effective date.
Plain-English summary
What happened: This Oklahoma bill would authorize counties and municipalities to levy a local excise tax on marijuana and has been referred to the Revenue and Taxation committee after its second reading.
Why it matters: Additional local excise taxes on marijuana would increase the overall tax burden on cannabis retailers and could affect product pricing and market competitiveness.
Affects: retailers and cultivators
LATEST ACTION: Second Reading referred to Revenue and Taxation
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