Florida Senate - 2022 SB 1698 By Senator Farmer 34-00462B-22 20221698__ 1 A bill to be entitled 2 An act relating to taxes; creating s. 566.012, F.S.; 3 imposing a sales tax on marijuana; requiring certain 4 entities to file a monthly return that includes sales 5 tax payments and to keep specified records; 6 authorizing the Division of Cannabis Management to 7 revoke a marijuana cultivation facility’s license 8 under certain circumstances; creating s. 566.0125, 9 F.S.; authorizing counties and municipalities to 10 establish additional sales taxes on the sale of 11 marijuana; limiting the sales tax rate; creating s. 12 566.0126, F.S.; exempting certain purchases of 13 marijuana for medical use from specified state and 14 local sales taxes; providing a contingent effective 15 date. 16 17 Be It Enacted by the Legislature of the State of Florida: 18 19 Section 1. Section 566.012, Florida Statutes, is created to 20 read: 21 566.012 Sales tax on marijuana.— 22 (1) In addition to all other taxes of every kind levied by 23 law, including local taxes: 24 (a) A tax is levied at the rate of 15 percent of the sales 25 price for marijuana sold at a retail marijuana store. 26 (b) A tax is levied at the rate of 19 cents per milligram 27 of THC on sales of food or beverages containing marijuana sold 28 by a marijuana consumption site. 29 (2)(a) A marijuana retail store or marijuana consumption 30 site subject to the licensing requirement of s. 566.036 shall 31 file, on or before the last day of each month, a return on a 32 form prescribed and furnished by the division, together with 33 payment of the tax due under this section. The return must 34 report all marijuana sold during the previous calendar month. A 35 marijuana retail store and a marijuana consumption site shall 36 keep a complete and accurate record at their principal places of 37 business to substantiate all sales of marijuana. 38 (b) The return must include further information as the 39 division may prescribe. 40 (3) If a marijuana retail store or marijuana consumption 41 site fails to make tax payments as required by this section, the 42 division may revoke the store’s or site’s license. 43 Section 2. Section 566.0125, Florida Statutes, is created 44 to read: 45 566.0125 County or municipality sales taxes.—A county or 46 municipality may establish additional sales taxes for the sale 47 of marijuana at marijuana retail stores or marijuana consumption 48 sites, but the tax rate may not exceed: 49 (1) For marijuana retail stores, 3.75 percent of the sales 50 price of the marijuana. 51 (2) For marijuana consumption sites, 4 cents per milligram 52 of THC on sales of food or beverages containing marijuana sold 53 by a marijuana consumption site. 54 Section 3. Section 566.0126, Florida Statutes, is created 55 to read: 56 566.0126 Qualified medical marijuana purchases exempt from 57 sales taxes.—Any purchase of marijuana for medical use from a 58 retail marijuana store pursuant to s. 566.0635 is exempt from 59 the taxes imposed under ss. 212.06, 566.012, and 566.0125 and 60 any sales tax imposed by a county or municipality. 61 Section 4. This act shall take effect on the same date that 62 SB ____ or similar legislation takes effect, if such legislation 63 is adopted in the same legislative session or an extension 64 thereof and becomes a law.