A. Imposition Of Tax: There is hereby levied and there shall be collected and paid a tax on the purchase price paid or charged for tangible personal property and taxable services when purchased or sold at retail, by every person exercising the taxable privilege as defined in section 3-2-2 of this chapter, by the sale, lease, rental, purchase, use, storage, distribution or consumption of tangible personal property and taxable services.
B. Sales Tax: There is hereby imposed on all sales of tangible personal property at retail and the furnishing of services, a tax equal to five percent (5%) of the gross receipts, provided however, that the tax on sales of rooms or accommodations shall be four percent (4%).
C. Lodging Tax: There is hereby imposed a lodging tax in the amount of one percent (1%) on the purchase price paid or charged to persons for rooms or accommodations. Leasing or rental of any hotel room, motel room, or other public accommodation in any hotel, apartment-hotel, motel or trailer court or park or any similar place to any person, who, for a consideration, uses, possesses or has the right to use or possess such room or other accommodation for a total continuous duration of less than thirty (30) days. (Ord. 225, Series of 1994)
D. Transit Sales Tax: In addition to the taxes set forth in subsections B and C of this section, there is hereby imposed on all sales of tangible personal property at retail and the furnishing of services, a tax equal to two percent (2%) of the gross receipts. Expenditures of the revenue received from the two percent (2%) transit sales tax shall be used only for the acquisition, construction, operation, and maintenance of public transit, public multimodal transportation improvements, and public trails within and near the town.
E. Marijuana Sales Tax: In addition to the taxes set forth in subsections B and D hereof, there is hereby imposed on all sales of regulated marijuana and regulated marijuana products a tax equal to five percent (5%) of the gross receipts. One-half of the revenues derived from such tax shall be used exclusively to promote mental health efforts in the Town. The other one-half of the revenues derived from such tax shall be used for general municipal purposes. (Ord. 492, Series of 2015; amd. Ord. 559, Series of 2021)