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Bill > S1909


MA S1909

Relative to a social equity training and technical assistance fund


summary

Introduced
03/29/2021
In Committee
03/29/2021
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

192nd General Court

Bill Summary

For legislation relative to a social equity training and technical assistance fund. Revenue.

AI Summary

This bill establishes the 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 may be used to provide assistance, training, and inclusion into the cannabis industry, and can receive funding from various sources, including public and private grants, donations, and funds from licensees' positive impact plans. The fund will be administered by the Secretary of Housing and Economic Development in consultation with the Cannabis Control Commission, and any balance at the end of the fiscal year will remain in the fund for expenditure in subsequent years. An annual report on the activities and expenditures of the fund will be provided to the legislature.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Accompanied a study order, see S2743 (on 03/10/2022)

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