An act relating to the legalization of marijuana and using the tax for school funding.
An Act Relating to the legalization and taxation of recreational and medicinal marijuana.
Be it enacted by the Youth Model Legislature of the State of New Jersey that marijuana, both recreational and medicinal, will be legalized. This will include the creation of dispensaries and a tax that is used to fund underfunded schools.
Section I: Defines Recreational as any use not prescribed by a medical doctor. Medicinal as any use after a prescription by a medical doctor. Underfunded as provide with insufficient funding in comparison to wealthy suburban areas Low income areas as areas where the average income is below the state average. Section II: A drug tax of 8 (eight) percent will be put in place on all purchase marijuana from New Jersey managed dispensaries, with funds going towards underfunded, inner city schools. Section III: Dispensary costs will be taken from the luxury tax. Statement of intent: The purpose of this bill is to simultaneously decriminalize marijuana while providing necessary funding to schools in low income areas.
This bill shall take effect at the start of the new year, January 1st 2020.
Statement of Intent:
The purpose of this bill is to decriminalize and legalize marijuana while using a tax to fund underfunded schools in New Jersey.
The costs will be covered by the state luxury tax.
Funds necessary for the implementation of this law will come from the luxury tax. Funds generated as a result of this law will go to the funding of underfunded schools. The implementation of this law will fall under the jurisdiction of the department of health.