summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation to establish a social equity and technical assistance trust fund to encourage and facilitate assistance to social equity applicants seeking to enter the cannabis industry. Cannabis Policy.
AI Summary
This bill establishes a Social Equity and Technical Assistance Trust Fund to encourage and facilitate assistance to social equity applicants seeking to enter the cannabis industry in Massachusetts. Social equity applicants are defined as certified economic empowerment applicants and social equity program participants, as determined by the Cannabis Control Commission. The fund can be used for assistance, training, and inclusion into the cannabis industry, and will be administered by the Secretary of Housing and Economic Development in consultation with the Cannabis Control Commission. The fund can receive various revenue sources, including appropriations, bond revenues, investment income, and donations, and any balance at the end of the fiscal year will remain available for expenditure in subsequent years. The Secretary of Housing and Economic Development is required to report annually on the activities and expenditures of the fund.
Committee Categories
Health and Social Services
Sponsors (4)
Last Action
Accompanied a new draft, see H4440 (on 02/09/2022)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/192/H166 |
Bill | https://malegislature.gov/Bills/192/H166.pdf |
Loading...