Bill Would Make Marijuana Legal In New York

NEW YORK:  Marijuana in New York would be legalized under legislation submitted Wednesday by a state senator.

Sen. Liz Krueger, D-Manhattan, said the Marijuana Regulation and Taxation Act would treat marijuana similar to alcohol—it would taxed and regulated.

“Prohibition of marijuana is a policy that just hasn’t worked, no matter how you look at it, and it’s time to have an honest conversation about what we should do next,” Krueger said in a statement. “The illegal marijuana economy is alive and well, and our unjust laws are branding nonviolent New Yorkers, especially young adults, as criminals, creating a vicious cycle that ruins lives and needlessly wastes taxpayer dollars.”

The bill would remove penalties for possession under two ounces of marijuana or less. It would make 18 the minimum legal age for marijuana possession and consumption, but prohibit the sale of marijuana to people under the age of 21.

The bill said there would be an excise tax of $50 per ounce of marijuana, and localities would be able to authorize a sales tax on retail sales.

Read full article @ Lohud.com

Bill Would Make Marijuana Legal In New York

NEW YORK:  Marijuana in New York would be legalized under legislation submitted Wednesday by a state senator.

Sen. Liz Krueger, D-Manhattan, said the Marijuana Regulation and Taxation Act would treat marijuana similar to alcohol—it would taxed and regulated.

“Prohibition of marijuana is a policy that just hasn’t worked, no matter how you look at it, and it’s time to have an honest conversation about what we should do next,” Krueger said in a statement. “The illegal marijuana economy is alive and well, and our unjust laws are branding nonviolent New Yorkers, especially young adults, as criminals, creating a vicious cycle that ruins lives and needlessly wastes taxpayer dollars.” (more…)

Read full article @ Lohud.com