Title
a. Receive an update on the implementation of cannabis business tax payment plan agreements;
b. Support a recommendation that the Board of Supervisors adopt a resolution to authorize the Treasurer-Tax Collector to extend the previously authorized conditional waiver of penalties and interest on unpaid installments of the annual commercial cannabis business tax imposed on cultivation activities for Fiscal Year 2022-2023, so long as the full amount due is received by the Treasurer-Tax Collector on or before November 30, 2023; and
c. Support a recommendation that the Board of Supervisors resume quarterly cannabis business tax installments for Fiscal Year 2023-24.
d. Provide further direction as appropriate.
Presenter: Joann Iwamoto, Cannabis Program Manager
Report
RECOMMENDATIONS:
It is recommended that the Board of Supervisors Cannabis Committee:
a. Receive an update on the implementation of cannabis business tax payment plan agreements;
b. Support a recommendation that the Board of Supervisors adopt a resolution to authorize the Treasurer-Tax Collector to extend the previously authorized conditional waiver of penalties and interest on unpaid installments of the annual commercial cannabis business tax imposed on cultivation activities for Fiscal Year 2022-2023, so long as the full amount due is received by the Treasurer-Tax Collector on or before November 30, 2023; and
c. Support a recommendation that the Board of Supervisors resume quarterly cannabis business tax installments for Fiscal Year 2023-24.
d. Provide further direction as appropriate.
SUMMARY:
On November 8, 2022, staff presented a formal commercial cannabis business payment plan to the Board of Supervisors (Board). The payment plan was approved, and staff was directed to include all quarters of Fiscal Year (FY) 22-23 within the existing conditional waiver of penalties and interest and extend this period through September 2023 (Attachment A). On December 6, 2022, the Board adopted a res...
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