AB 1741 Press Release

AB 1741 will permit licensed commercial cannabis businesses, until January 1, 2022, to remit their tax payments to the CDTFA in cash without being charged the automatic 10 percent penalty levied on most other California Businesses. This bill will aid in state's collection of tax payments by authorizing the CDTFA to accept cash tax payments in circumstances where a cannabis business lacks access to banking services.

AB 1741 (Press Release)

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