Excise tax; authorizing counties and municipalities to levy excise tax on marijuana. Effective date.

SB 1846 authorizes Oklahoma counties and municipalities to impose a sales tax on medical marijuana revenue, requiring voter approval through either a special election or a petition signed by at least 5% of registered voters. If approved, the tax must be used for specific community purposes like public safety or infrastructure, with funds placed in dedicated revolving funds that cannot be redirected without another vote. The tax becomes effective the first day of the next calendar quarter after approval and cannot be re-proposed for six months if initially rejected. If recreational marijuana is legalized statewide, the same tax rules would automatically apply to it at identical rates. This bill does not change marijuana legality but gives local governments a new revenue tool for medical marijuana sales.