oregon tax revenue from pot

 · Hi Dan. The charts show estimated monthly sales. For Oregon that is a bit less than $40 million per month, or a bit less than $350 million per year. I believe the $68 million you are referencing is the total amount of tax collections. Currently Oregon is getting $5-7 million in tax collections each month, or about $70 million in the past 12 months.

According to the Oregon Department of Revenue, state and local recreational marijuana sales/excise taxes generated $78 million in tax revenue in 2017, up from $60 million in 2016. [52] A 2019 audit found that "most of the collected taxes have gone toward shortages in the city’s general fund and specifically to police and transportation programs."

The checks are in the mail. That’s the message the Oregon Department of Revenue sent Friday when it announced it will pay out $85 million in marijuana taxes for schools, public health, police and.

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 · Since July 2017, Colorado total monthly tax and fee revenue from marijuana sales has never dipped below $20 million. In February 2014, the first.

Daimler Trucks North America, for example, is based in Portland, Oregon, one of the earliest states. The state Department.

 · For calendar year 2016, according to information the Oregon Department of Revenue released Friday, marijuana tax receipts totaled $60.2 million. One early estimate from the Oregon Liquor Control Commission, which regulates marijuana, projected receipts for the 2015-17 budget period, which runs through June 30, 2017, would only total .7 million.

The State of Oregon Department of Revenue (DOR) is providing tax collection and other administrative duties for the Eugene Retail Marijuana Tax. All marijuana tax payments owed to the City of Eugene should be remitted to the Oregon Department of Revenue using the appropriate forms and payment procedures explained on the DOR website. Marijuana retailers are required to remit taxes owed to the.

Introduced by Senator Jeff Merkley of Oregon, the SAFE Banking Act would protect banks. and that will only increase as indirect pot revenues expand. "Even banks in states like Idaho and Nebraska,

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Altogether, Oregon consumers are projected to pay $176 million in state marijuana taxes during the current budget cycle, which ends in mid-2019.

Oregon, and Washington – permit retail sales of recreational marijuana to adults. According to tax data compiled by the Institute on Taxation and Economic Policy, tax revenues in 2018 derived from.

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