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453B.7 Tax imposed---rate of tax.

An excise tax is imposed on dealers at the following rates:

1. On each gram of marijuana, or each portion of a gram, five dollars.

2. On each gram or portion of a gram of any taxable substance sold by weight other than marijuana, two hundred fifty dollars.

3. On each ten dosage units of any taxable substance that is not sold by weight, or portion thereof, four hundred dollars.

Section History: Recent form

90 Acts, ch 1251, §43 ~IC91, § 421A.7 ~IC93, § 453B.7

Internal References

Referred to in § 453B.4, 453B.8, 453B.12

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