To: Board of Supervisors
From: County Administrative Office
Agenda Section: Consent
SUBJECT:
title
Resolution Suspending Cultivation Year 2022 Due in Tax Year 2023 and Cultivation Year 2023 Due in Tax Year 2024 Cannabis Excise Tax and Deferring Certain Dates and Penalties
end
RECOMMENDATION(S):
Recommendation
That the Board of Supervisors:
1. Adopt the resolution and direct the Treasurer-Tax Collector for Cultivation Year 2022, collected in Tax Year 2023, to suspend 100% of the Cannabis Excise Authorized Tax for the 2023 billing cycle; and
2. Adopt the resolution and direct the Treasurer-Tax Collector for Cultivation Year 2023, collected in Tax Year 2024, to suspend 100% of the Cannabis Excise Authorized Tax for the 2024 billing cycle; and
3. Adopt the resolution and direct the Treasurer-Tax Collector to not assess fees for late payments after Oct. 17, 2022, for excise tax installments for the Cultivation Year 2021 due in Tax Year 2022; and
4. Adopt the resolution and direct the Treasurer-Tax Collector to not assess fees for late payments after Sept. 15, 2022, for the 2nd excise tax installment for the Cultivation Year 2020, originally due in Tax Year 2021.
Body
SOURCE OF FUNDING:
General Fund (1100)
DISCUSSION:
At the regularly scheduled meeting on Nov. 1, 2022, your Board directed staff to draft a resolution to suspend 100% of the Measure S Cannabis Excise Taxes for Tax Year 2023 (Cultivation Year 2022) and Tax Year 2024 (Cultivation Year 2023). The Board also directed the Treasurer-Tax Collector to not assess fees for late payment of the Tax Year 2022 installment due Sept. 15, 2022, and subject to penalties on Oct. 17, 2022.
Your Board did not provide specific direction to waive penalties or interest on late payments of the 2nd installment of Tax Year 2021, which had already benefitted from a penalty and interest waiver. Additionally, your Board did not provide specific direction on waiving penalties or interest on late payment of the...
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