Loading...
HomeMy WebLinkAboutReso. 2025-015 - Increasing Business Taxes on Cannabis Businesses S�LUTION I�iO.2425-015 A S�►LUTIO►N d3F THE CITY �1DUN�IL +�F THE CITY tJF REDI}II�1G INC ASIl'�1+G BUSIl�1ESS TAXES t�1V CANNASI� BU�INESSES 1'URSU�NT T�7► C PTER 4.10 OF THE 1Z�DDING MUIVICIPAL C4DE �HE A�, �n June 19, 2018, the City Gouncil c�f the City of R:edding adopted Resalution No. 2�18-071 which established Navember 6, �t?1$, as the date fc�r a generai electit�n on a prt�p�sed ballat measure seekirtg voter approval of a gener�l ta�on cannabis businesses aperating in the City of Redding; and WHE ` AS,the tax on cannabis businesses was appraved by the registered voters af the City of Redding at the general electic�n held fln Navember 6,2t�18,and the results of electic�n were certified by the City Clerk on I)ecemb�r 4, 20l 8; and WI3E AS,the excise tax was cc�dified as{�rdinance No. 2597 and published as Chapter 4.10 of the Redding Municipal Code("RMC"), and WHE AS,RMC 4.1t�.050 establishes maximum excise tax rates for a11 eannabis businesses and permits the City Council of the City of P�.eddin� to establish tax rates that do nc�t exceed the established maximum rates; and �HE AS, pursuant tc� RMC 4.1�.t�50; the City Council may; by resolutian, also decrease or increase any such tax rate from tirne to time,provided that the tax rate shall nat;at any time,exceed the maximum tax rate established in Subsection(B){l), NOW, THE F(? , THE CIT'� �4UNCIL OF THE tCITY QF REDI}I1�TG S(�LVES AS Ft?LLOWS: 1. The cannabis business tax rates set forth in Resolutian I�to. 2018-071 are hereby increased and extended indefinitely until such time as further modified by the City Cauncil of the City af Redding as follcrws: a, +Culti�atian Rate: $5.00 per squa.re foot of cannabis cultivation area. b. Manufacturiing, Proeessing, Laboratoa-�r Testingy �7tOY's�I��4 `cIII� 171S�PI��Ib1OYI Rate:Four percent(4°/a)of gross receipts. c, Retailer's Rate. Six percent (6%0} c�f gross receipts. Sales to perst�ns with a state issued medical identification card, issued for medical puzpases, shall be excluded from the calculation Qf gross receipts f�r the purpc�se of the cannabis busin�ss tax. State issued medical identification card means a docum�nt issued by the State I7epartment of Public I-�ealth that identifies a person authorized ta engage in the medical use of cannabis and the persQn's designated pr�mary caregiver, if any, in accordanc�with Sectian l 1362:71 of the Health and Saf�ty Code. 2. This Resc�lution shall take effect on July 1, 2{�25. I HE BY CERTIF� that the faregoing resolutit�n was intraduced and adopted at a regular rneeting of the City Caunci�of the City of Redding an the 4th day 4f March,2C125,by the fallowing vofe: AYES; CQUI`�TTCIL MEMBERS: -Audette,Resner,Munns N+DE�. C()UNCIL I�IE ERS: -Dhanuka,Littau ABSENT. CI�UNCIL ME ERS; -Nane ABSTAIN: C(3UIYCYL ME E12S. -lYone �TACK , Mayor ATTESTt AP`PR+� D A�TO FO : � � � �f � � , � j� �� � � ,,�HARLENE TIPTON, Cily Clerk CJHRISTIAN l�I. CURTIS,City Attorney