The Vermont Senate gave overwhelming preliminary approval to legislation that would create a tax and regulation system for retail recreational marijuana sales.

The bill was approved with a veto-proof majority — 23 senators supported the measure, five voted against it.

A second vote is expected i the Senate on Friday, before it moves to the House. 

The bill proposes taxing retail marijuana at sales at 10 percent, and it would allow an additonal 1 percent local option tax in municpalities that host a retailer.

Under the measure, oversight of Vermont’s medical cannabis program would be shifted from the Department of Safety to an independent commission beginning January 1, 2021.