Sandoval proposes marijuana tax for schools
By Seth A. Richardson, Reno Gazette-Journal
CARSON CITY — Gov. Brian Sandoval is proposing a 10 percent excise tax on retail marijuana sales once the recreational industry gets moving in Nevada.
Sandoval made the announcement during his State of the State address on Tuesday in Carson City where the Republican outlined his proposed $8.1 billion budget, an 11 percent increase from the 2016-17 $7.3 billion budget. Despite earlier indications, there will not be a deficit for lawmakers to figure out if Sandoval’s budget is adopted.
Besides the marijuana tax, Sandoval backed improvements for for Reno’s Spaghetti Bowl, a new engineering school at UNR and funding for education savings accounts despite the Nevada Supreme Court putting a halt to that program last year.