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Prop M on April 4 Ballot
Proposition M Recreational Marijuana Tax
DOWNLOADS: Prop M Quick Facts (PDF) | Prop M FAQs (PDF)
Prop M Quick Facts:
- In November 2022, Missouri voters approved a constitutional amendment allowing sales of recreational marijuana at licensed facilities.
- A 3% city sales tax on recreational marijuana purchases in St. Peters will be on the April 4, 2023, ballot.
- If approved, the tax would ONLY apply to recreational marijuana.
- The city sales tax rate remains the same on all other purchases.
Frequently Asked Questions
WHAT IS RECREATIONAL MARIJUANA?
In November 2022, Missouri voters passed a constitutional amendment allowing the sale and use of marijuana for personal use for those ages 21 and over.
The state will charge a 6% tax on legal purchases of recreational marijuana. Cities and counties have the option to charge an additional 3% sales tax with voter approval.
WHAT'S ON THE BALLOT?
On April 4, 2023, St. Peters voters will decide if recreational marijuana sold in St. Peters should be charged an additional 3% sales tax.
WHO PAYS THE RECREATIONAL MARIJUANA SALES TAX?
Only people purchasing recreational marijuana in St. Peters at a state-licensed store would pay the 3% city sales tax. This extra tax would NOT be charged on medical marijuana sales.
HOW MUCH REVENUE COULD THE RECREATIONAL MARIJUANA TAX BRING TO ST. PETERS?
The estimate is about $750,000 annually, according to the Missouri Municipal League.
HOW WOULD THE CITY SPEND THE MONEY?
Any revenues from a recreational marijuana tax would go into the City’s General Fund. This fund allows the City the flexibility to put the money into City services needed most, as our needs can change from year to year.
WHEN DOES RECREATIONAL MARIJUANA TAKE EFFECT?
Licensed dispensaries began selling recreational marijuana as early as Feb. 6, 2023.
PROPOSITION M BALLOT QUESTION: Shall the City of St. Peters, Missouri, impose an additional sales tax of three percent (3%) on all retail sales of adult use non-medicinal marijuana sold in the City of St. Peters, Missouri?
Citizens will have the opportunity to vote on Prop M on the April 4, 2023 ballot.