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Alabama basketball guard Aden Holloway was arrested for first-degree possession of marijuana and failure to affix a tax stamp on Monday, March 16.
The latter of the two charges that the 21 year-old received is lesser known.
Here is an explanation of the seldom-used law, and what it could mean for Holloway.
WHAT WE KNOW: Alabama basketball guard Aden Holloway arrested
In 2016, Tuscaloosa drug agents began charging suspected drug dealers for breaking a law that requires them to purchase tax stamps.
The law, passed in 1988, requires any individual who sells drugs to pay a tax and affix a stamp to the product. If convicted, authorities can collect fines from dealers, who are unlikely to have complied with the little-known law.
The stamps, which read "Say no to drugs" and "Say no to marijuana," are administered by the Alabama Department of Revenue.
Should a person possess more than 42.5 grams of marijuana, the Alabama Marijuana Tax Stamps law imposes a $3.50 a gram tax. If dealers are convicted of selling drugs without a stamp, any fines they are required to pay go into the state's general fund.
When purchasing stamps, revenue department employees don't ask buyers for a reason, nor can the public employees reveal facts contained in an application. Unless the criminal charge is related to the tax stamp itself, information collected can't be used against a dealer in a criminal proceeding.
Agents found a pound of marijuana when searching Holloway at a residence within the 400 block of 30th East Avenue.
The University of Alabama has yet to speak out on Holloway's arrest and status with the team as it approaches a sixth consecutive NCAA Tournament run.
Emilee Smarr covers Alabama basketball and Crimson Tide athletics for The Tuscaloosa News. She can be reached via email at [email protected].
This article originally appeared on The Tuscaloosa News: Alabama's Aden Holloway arrested for failure to affix tax stamp: What it means
Continue reading...
The latter of the two charges that the 21 year-old received is lesser known.
Here is an explanation of the seldom-used law, and what it could mean for Holloway.
WHAT WE KNOW: Alabama basketball guard Aden Holloway arrested
In 2016, Tuscaloosa drug agents began charging suspected drug dealers for breaking a law that requires them to purchase tax stamps.
The law, passed in 1988, requires any individual who sells drugs to pay a tax and affix a stamp to the product. If convicted, authorities can collect fines from dealers, who are unlikely to have complied with the little-known law.
The stamps, which read "Say no to drugs" and "Say no to marijuana," are administered by the Alabama Department of Revenue.
Should a person possess more than 42.5 grams of marijuana, the Alabama Marijuana Tax Stamps law imposes a $3.50 a gram tax. If dealers are convicted of selling drugs without a stamp, any fines they are required to pay go into the state's general fund.
When purchasing stamps, revenue department employees don't ask buyers for a reason, nor can the public employees reveal facts contained in an application. Unless the criminal charge is related to the tax stamp itself, information collected can't be used against a dealer in a criminal proceeding.
Agents found a pound of marijuana when searching Holloway at a residence within the 400 block of 30th East Avenue.
The University of Alabama has yet to speak out on Holloway's arrest and status with the team as it approaches a sixth consecutive NCAA Tournament run.
Emilee Smarr covers Alabama basketball and Crimson Tide athletics for The Tuscaloosa News. She can be reached via email at [email protected].
This article originally appeared on The Tuscaloosa News: Alabama's Aden Holloway arrested for failure to affix tax stamp: What it means
Continue reading...
