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Home » US Law » 2022 Rhode Island General Laws » Title 44 - Taxation » Chapter 44-70 - Cannabis Tax » Section 44-70-5. – Application of tax revenue.

§ 44-70-5. Application of tax revenue.

The administrator shall deposit revenue collected pursuant to this chapter from the state cannabis excise tax or associated amounts as penalties, forfeitures, interest, costs of suit, and fines for failure to timely report or pay the state cannabis excise tax into the marijuana trust fund pursuant to § 21-28.11-13(d) and revenue from the sales tax into the general fund.

History of Section.
P.L. 2022, ch. 31, § 4, effective May 25, 2022; P.L. 2022, ch. 32, § 4, effective May 25, 2022.