This ordinance extends the suspension of the cannabis business tax in San Francisco until December 31, 2035, and removes related references from the Business and Tax Regulations Code. This means cannabis businesses will not have to pay this tax during that period.
Ordinance amending the Business and Tax Regulations Code to extend the suspension of the cannabis business tax, through December 31, 2035, and remove references to the cannabis business tax from the common administrative provisions of the Code.
How it got here
The legislation originated from a need to extend the suspension of the cannabis business tax in San Francisco, prompted by previous tax policies and community feedback.
Voters approved the cannabis business tax, which was set to take effect on January 1, 2021.
The Board suspended the imposition of the cannabis business tax, which remained suspended through December 31, 2025.
Supervisor Mandelman introduced the ordinance to repeal the cannabis business tax beginning January 1, 2026.
The Budget and Finance Committee referred the proposed legislation to the Small Business Commission for comment and recommendation.
The committee amended the legislation to extend the suspension of the cannabis business tax through December 31, 2035, instead of repealing it.
The Board passed the amended ordinance on first reading.
The Board finally passed the ordinance extending the suspension of the cannabis business tax.
The Mayor approved the ordinance, finalizing the extension of the cannabis business tax suspension.
Reconstructed from attached documents & the official record
