New Jersey State Senator Nicholas Scutari (D-Union) introduced new legislation this week that would legalize marijuana in order to raise revenue for transportation. Senate Bill 1896 would “legalize the possession and personal use of small amounts of marijuana for persons age 21 and over,” and this new tax revenue would be used to fund road and bridge improvement projects throughout the state of New Jersey.
SB 1896 would impose a new 7 percent sales tax on marijuana, which Scutari estimates could generate $100 million per year for the state. 70 percent of the sales tax revenue would be dedicated to New Jersey’s Transportation Trust Fund. 20 percent of the tax revenue would be used for drug enforcement and demand reduction, and the remaining 10 percent would be allocated for women’s health programs.