summary
Introduced
03/29/2021
03/29/2021
In Committee
06/24/2021
06/24/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
For legislation relative to marijuana-related revenue in the town of Millbury. Municipalities and Regional Government. [Local approval received]
AI Summary
This bill requires the town manager of Millbury to deposit all revenue the town receives from marijuana-related sources, such as host community agreements, local marijuana sales tax payments, and marijuana-related taxes or other revenues from the state, into the town's stabilization funds without appropriation. The funds are to be allocated with 50% going to the Road Infrastructure Stabilization Fund and 50% going to the Storm Water Improvements Stabilization Fund, if that fund is required. If there is no allocation to the Road Infrastructure Stabilization Fund or it is less than 50%, the remaining amount is to be allocated equally to the Other Post-Employment Benefits Stabilization Fund, the Unfunded Retirement Liability Stabilization Fund, and the Capital Projects Stabilization Fund. The same applies to the Storm Water Improvements Stabilization Fund if there is no allocation to it.
Committee Categories
Government Affairs
Sponsors (2)
Last Action
Read second and ordered to a third reading (on 09/23/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/S1349 |
| Bill | https://malegislature.gov/Bills/192/S1349.pdf |
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