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Michigan passes $1.1B budget with new marijuana tax, fuel hike, and gas tax elimination, sending it to Governor Whitmer.
Michigan lawmakers passed a state budget allocating $1.1 billion for road repairs, including a new 24% wholesale tax on marijuana, a $0.51 fuel tax increase adjusted for inflation, and the elimination of the sales tax on gasoline.
The marijuana tax, backed by Senate Majority Leader Winnie Brinks as the most viable revenue option, passed with bipartisan support after hours of debate and faced criticism from industry advocates who warn it could shrink the legal market and drive consumers to the black market.
The budget also avoids cutting corporate taxes to prevent federal revenue losses and includes measures to protect school funding.
The final package now moves to Governor Gretchen Whitmer for approval.
Michigan aprueba un presupuesto de $ 1.1B con un nuevo impuesto a la marihuana, aumento de combustible y eliminación del impuesto al gas, enviándolo al gobernador Whitmer.