As soon as the ink dries on the New Jersey Cannabis Regulatory and Expungement Aid Modernization Act (S2703/A4497), it becomes a local issue – that was the message from the League of Municipalities to its members and stake holders.
Michael Cerra, assistant executive director and director of government affairs, provided a breakdown of the bill and its impact on municipalities during a 45-minute webinar Friday.
The key issues are tax rates, law enforcement issues and the costs of expungements.
The League has publicly stated that it wants a 5 percent municipal tax; the current language provides a max of 2 percent.