Republicans’ Cannabis Bill to Propose Lower Taxes and State Control
- Rep. Nancy Mace’s legislation set to be unveiled on Monday
- Bill has lower taxes, fewer provisions to help minorities
This article is for subscribers only.
A Republican bill to legalize marijuana at the federal level in the U.S., expected to be unveiled soon, would have a lighter regulatory touch, lower taxes and fewer provisions to help minorities compared to prior legislative efforts, two people who’ve seen the draft legislation said.
South Carolina Representative Nancy Mace has been reported to be leading the draft. Mace, who has declined to comment when asked about the initiative, has a press conference scheduled for Monday about the proposal. Her legislation follows a bill from Democrat and Senate Majority Leader Chuck Schumer, the Cannabis Administration & Opportunity Act, which hasn’t gained traction.