Hawaii medical marijuana dispensaries may have tax loophole - Hawaii News Now - KGMB and KHNL

Hawaii medical marijuana dispensaries may have tax loophole

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By CATHY BUSSEWITZ
Associated Press

HONOLULU (AP) - A Hawaii lawmaker says the state may have unintentionally created a tax loophole when it wrote the rules for its new medical marijuana dispensaries system.

The Hawaii Legislature passed a law this year to create a system of dispensaries 15 years after the drug was legalized for medical purposes.

But state Rep. Della Au Bellati says the way the law is written, dispensaries may be able to set up in special zones that are eligible for tax breaks. She says the Legislature didn't intend to give tax breaks to dispensaries.

An official from the state Department of Business, Economic Development & Tourism says dispensaries may be eligible to apply for the tax breaks.

Bellati says the state needs the tax revenues to fund oversight and regulation of the industry.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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