VERMONT: House Speaker Shap Smith on Friday spiked a proposal to study potential tax revenue the state could earn by legalizing marijuana.
The amendment would have asked the Joint Fiscal Office to study the revenue impact of legalizing marijuana, using Colorado’s pot tax as a guide. The Ways and Means Committee endorsed the amendment.
Smith, D-Morrisville, said Friday the amendment had nothing to do with the miscellaneous tax bill to which Rep. Kristina Michelsen, D-Hardwick, wanted to attach it. Smith also said he wanted to be consistent because he had just ruled another amendment non-germane.