TITLE
Recommendation to declare ordinance amending the Long Beach Municipal Code by amending Subsection 3.80.261.C.4 relating to marijuana businesses business license tax rates, read and adopted as read. (Citywide)
DISCUSSION
Pursuant to your request of December 3, 2019, the attached ordinance has been prepared and is submitted for your consideration. This ordinance reduces cannabis business license tax rates from the current rate of six percent (6%) to one percent (1 %) for manufacturers, distributors and testing laboratories.
SUGGESTED ACTION
Approve recommendation.
BODY
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF LONG BEACH AMENDING THE LONG BEACH MUNICIPAL CODE BY AMENDING SUBSECTION 3.80.261.C.4 RELATING TO MARIJUANA BUSINESSES BUSINESS LICENSE TAX RATES
Respectfully Submitted,
CHARLES PARKIN
CITY ATTORNEY
By:
AMY R. WEBBER
DEPUTY CITY ATTORNEY