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2016 LEGISLATIVE PLATFORM SCORECARD <br />support in Congress to sustain funding <br />• (FMSA) SB 987 passed the State Senate <br />for CDBG. <br />on June 1, 2016 and was ordered to the <br />State Assembly. On June 20, 2016, <br />however, it failed passage in the <br />GOAL 4: CITY FINANCIAL <br />Revenue & Tax Committee and was <br />subsequently returned to the Chief Clerk <br />STABILITY <br />on Nov. 30, 2016 where it was left <br />inactive. <br />it is essential that the City maintain fiscal stability to be <br />able to deliver high quality services. This requires an <br />effective and transparent financial system, accurate and <br />— Marijuana Regulation and Safety Act <br />reliable forecasting of revenues, an enhanced tax base, <br />(MMRSA) Amendment - Assembly BIII 1575 <br />and control of expenses. <br />(Assembly Member Bonta) proposing term <br />changes in the MMRSA requiring the Board <br />Medical Mariivana Taxation <br />of Equalization to create a working group to <br />(Finance and Management Services Agency) <br />examine strategies including point -of -sale <br />systems to improve financial monitoring of <br />Monitor pending Assembly and Senate Bills: <br />cannabis businesses and would create an <br />enhanced financial monitoring certification <br />— Medical Marijuana Excise Tax - Senate Bill <br />for entities licensed under the MMRSA. <br />987 (Senator McGuire) seeking to establish a <br />Also, specifies a local ordinance that <br />state excise tax of 15 percent on the <br />regulates cannabis or medical cannabis shall <br />consumption or use of medical marijuana <br />not require the consent of, the Department <br />purchased from any retailer in California. <br />of Food and Agriculture. <br />Revenue allocation: 30% to the General <br />Fund; 30% to the Bureau for grant program <br />. (FMSA) AB 1575 was passed by the State <br />administration to distribute grants to local <br />Assembly on June 1, 2016 and ordered <br />agencies that are affected by the regulation <br />to the State Senate. On June 29, 2016 it <br />of medical marijuana activities pertaining to <br />was referred to the Government & <br />the cultivation of marijuana in violation of <br />Finance Committee. However, on <br />state law or local ordinance (upon <br />August 8, 2016 it was referred to the <br />appropriation by the Legislature); 20 %to the <br />Committee on Appropriations suspense <br />Department of Parks and Recreation for the <br />file. It was held under submission in <br />stewardship, operation, maintenance, and <br />committee, reported from Senate <br />preservation of state park units, including <br />committee without further action on <br />units operated on behalf of the state by local <br />November 30, 2016, and left inactive. <br />or regional agencies or by nonprofit <br />organizations (upon appropriation by the <br />— Policing Authority for Medical Marijuana <br />Legislature); 20% to counties for drug and <br />Cultivation - Senate Bill 435 (Senator Pan). <br />alcohol treatment programs. Revenue <br />An exemption from the medical marijuana <br />impact: Annual revenue of $251 million. <br />licensing requirements; does not limit or <br />With an operative date of January 1, 2018, <br />prevent local government from exercising its <br />this revenue would be reduced by half to <br />police power authority. <br />$125.5 million in fiscal year 2018 -19. <br />CITY OF SANTA ANA <br />656 -39 <br />