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OaklandRedevelopmentSuccessorAgencyandtheCityCouncil,2019-06-04,"* Concurrent Meeting of the
Meeting Minutes - FINAL
June 4, 2019
Oakland Redevelopment Successor
Agency and the City Council
C. Every person engaged in a Cannabis Business with total gross receipts greater
than five hundred thousand dollars ($500,000.00) shall pay a business tax of:
1. Fifty dollars ($50.00) for each one thousand dollars ($1,000.00) of gross receipts,
or fractional part thereof, derived from any Medical Cannabis Business activity;
plus
2.
One hundred dollars ($100.00) for each one thousand dollars ($1,000.00) of
gross receipts, or fractional part thereof, derived from any Non-medical Cannabis
Business activity.
D. Before applying the rates described above, persons will be allowed to make
deductions from any gross receipts entirely or partially derived from any
manufacturing cannabis activity or cannabis cultivation activity carried on within
Oakland in the same manner as manufacturing businesses subject to section
5.04.390(A).
E.
To the extent that the tax rates described in this Section are less than the
maximum rates approved by City of Oakland Measure V, as submitted to voters
on
November 6, 2018, the reduction in the tax rate is intended as a provisional
adjustment that the City Council may reconsider and eliminate, in part or in whole,
in the future.
F.
Notwithstanding Sections 5.04.080, 5.04.110, and 5.04.120 of this Chapter,
any Cannabis Business may elect to remit business taxes on a Quarterly
basis according to rules and procedures adopted by the Director of Finance.
G. The business tax rates defined by this Section apply to any gross receipts
subject to taxation as of January 1, 2020 and beyond.
""Section 5.04.481 - Non Medical Cannabis Businesses [Repealed]""
And Adding a Final Whereas Clause that reads ""Whereas 2020 cannabis business
taxes will be levied at the tax rates authorized by this ordinance and based on gross
receipts earned in 2019.'
This motion was seconded by Pro Tem Kalb, and passed on Introduction by the
following vote; AYES: Bas, Gallo, Kalb, Kaplan, Taylor, Thao; EXCUSED:
McElhaney and Reid
There were 47 speakers on this item
A motion was made by Loren Taylor, seconded by Dan Kalb, that this matter be
Approved On Introduction and Scheduled for Final Passage to go before the
*
Concurrent Meeting of the Oakland Redevelopment Successor Agency and the
City Council, to be heard 6/18/2019. The motion carried by the following vote:
Excused: 2- - McElhaney, and Reid
Aye: 6 - Bas, Gallo, Kalb, Taylor, Thao, and Kaplan
City of Oakland
Page 19
Printed on 6/25/2019",19,OaklandRedevelopmentSuccessorAgencyandtheCityCouncil/2019-06-04.pdf