The bill commits 70% of the 6.625% sales tax on marijuana products and all money raised from a new excise tax to communities that are disproportionately affected by arrests on marijuana charges.
"As a municipal prosecutor, I have seen the effects of the so-called 'War on Drugs' with failed laws that have a prejudicial impact on communities of color. Too many people are arrested, incarcerated and left with criminal records that disrupt and even destroy their lives. New Jersey can be a national leader in legalizing a once stigmatized drug," bill sponsor Sen. Nicholas Scutari said to NBC10.
The rest of the sales tax will go to law enforcement across the state for drug-recognition training and the Cannabis Regulatory Commission to cover the cost of its operations.
The bill is up for a vote Thursday, along with a separate bill that decriminalizes possession of up to 6 ounces of marijuana.