Fairbanks voters to decide on marijuana tax

FAIRBANKS (AP) — The Fairbanks City Council has approved a proposed tax on marijuana retail sales that will now be up for debate among voters.

The Fairbanks Daily News-Miner reports that the council on Monday unanimously approved a 5 percent tax on marijuana sales. Fairbanks voters will decide in October whether to accept or reject the tax during Fairbanks' general election.

The levy would apply to transfers of marijuana from any retail establishment to any person or entity, making the buyer responsible for the tax.

Under the proposed tax, sellers will be reimbursed 2 percent for collecting th...