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Anchorage marijuana sales tax bonds.
From $100.

The security the Municipality of Anchorage requires from a licensed marijuana retailer to guarantee remittance of the 5% retail sales tax on marijuana and marijuana products under AMC 12.50. The Municipality sets the amount; the premium is 2% of the bond amount, $100 minimum, and any credit screen is a soft pull only — it never affects your score.

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Secures the 5% Anchorage retail marijuana sales tax under AMC 12.50
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Amount is the greater of $10,000 or your estimated annual tax — set by the Chief Fiscal Officer
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2% of the bond amount, $100 minimum — exact price at the application
2% rate$100 minimumExactprice at the applicationSoft pull onlynever a hard inquiry
Trusted by industry leaders
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
New York City Economic Development Corporation (NYCEDC)
Blumenfeld Development Group (BDG)
Capital Development Partners
McKinney Properties
Terra Capital
JLL (Jones Lang LaSalle)
Triple Five Group
The Georgetown Company
Price

How much does an Anchorage marijuana sales tax bond cost?

2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.

How it works

Three steps. One sitting.

No quote round-trip for the Anchorage marijuana sales tax bond — enter your amount, pay, and file with Municipal Treasury. Here is the whole thing:

TODAY · ONLINE

Apply online

Your business details, the bond amount the Municipality required, and the effective date — that is the application. One soft credit pull, never a hard inquiry, and it never affects your score.

INSTANTLY

Issued the moment you pay

This bond is rate-priced at 2% of the bond amount, $100 minimum — your executed bond and power of attorney generate on the spot.

SAME DAY

File with Municipal Treasury

Submit the executed bond to the Treasury Division with your marijuana retailer registration. Wet-ink originals mailed whenever the Municipality insists.

About this bond

What it is and who needs it.

What the Anchorage marijuana tax bond covers

Anchorage voters approved a 5% retail sales tax on marijuana and marijuana products, codified at AMC chapter 12.50 and administered by the Treasury Division of the Municipality's Finance Department. Because the retailer collects the tax from customers and holds it in trust, AMC 12.50.160 requires security for fiduciary performance before Treasury issues the Certificate of Registration a retailer needs to operate.

The security amount is the greater of $10,000 or the Chief Fiscal Officer's estimate of the average annual sales tax you will collect — based on your operation, comparable retailers, or industry averages. A surety bond is one of the approved forms (a deposit in escrow or letter of credit are the alternatives); the bond is payable to the Municipality and conditioned on payment in full of the tax, penalties, and interest due during its effective period.

If the retailer fails to remit, the Municipality can recover against the bond — and if the surety pays, you repay the surety. We issue the amount the Municipality set, from $100 in premium, with any credit screen a soft pull that never affects your score.

AMC 12.50.160 (Security for fiduciary performance)Anchorage Municipal Code chapter 12.50 imposes the retail sales tax on marijuana and marijuana products, and section 12.50.160 requires every retailer to provide security guaranteeing payment of the tax — a surety bond from a company authorized in Alaska, a deposit in escrow, or a letter of credit — in the amount the Chief Fiscal Officer estimates as your average annual sales tax or $10,000, whichever is higher. Confirm your required amount with the Treasury Division.

You need this bond if you are

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A licensed marijuana retailer operating inside the Municipality of Anchorage
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Applying for a Certificate of Registration with the Treasury Division under AMC 12.50
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Renewing or increasing security after the Chief Fiscal Officer re-estimates your annual tax
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Replacing an escrow deposit or letter of credit with a surety bond
After you buy

Claims, renewal, filing, and what sets the price.

If a claim is made

A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.

The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.

Renewal and term

The premium covers a one-year term from the effective date you choose.

Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.

How to file it

File with Municipal Treasury. Submit the executed bond to the Treasury Division with your marijuana retailer registration. Wet-ink originals mailed whenever the Municipality insists.

What sets the price

The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.

One soft credit pull, never a hard inquiry, and it never affects your score.

Where a check runs, it decides approval; the rate is the same for everyone approved.

One application, issued instantly.

Submit the application with the bond amount the Municipality set — the executed bond is generated the moment you pay, ready to file with Treasury.

Start the application →
FAQ

Common questions.

How much is the Anchorage marijuana sales tax bond?The premium is 2% of the bond amount, $100 minimum. The bond amount itself is set by the Municipality under AMC 12.50.160 — the greater of $10,000 or the estimated average annual sales tax you will collect — and your exact price appears at the application, before you pay.
How is the bond amount set?By the Municipality's Chief Fiscal Officer under AMC 12.50.160: the estimated average annual marijuana sales tax you will collect — based on your operation, comparable retailers, or industry averages — or $10,000, whichever is higher. Your required amount appears on your registration paperwork from the Treasury Division.
Is there a credit check?Yes: one soft credit pull, never a hard inquiry, and it never affects your score. The rate stays 2% of the bond amount, $100 minimum, either way.
What does the bond guarantee?Payment in full of the 5% retail marijuana sales tax, plus penalties and interest, due to the Municipality during the effective period of the bond. It protects Anchorage — not you; if the surety pays a claim, you repay the surety.
Who requires it, and where do I file?The Municipality of Anchorage — its Treasury Division administers the marijuana sales tax under AMC 12.50 and requires the security before issuing your Certificate of Registration. We issue the executed bond ready to submit with your registration.
Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.
How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.
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Anchorage marijuana tax bond, issued today.

From $100 — 2% of the bond amount, with your exact price at the application before you pay. Enter the amount the Municipality required and file the same day.

Your premiumfrom $100
Apply now →