Bill > H4791

This bill aims to support social equity in the marijuana industry in Massachusetts. The key provisions are: 1. Defining a "social equity business" as a marijuana retailer that is majority-owned by individuals eligible for the social equity program. 2. Requiring 1% of revenue from social equity businesses to be distributed to the city or town where the business is located, rather than deposited in the Marijuana Regulation Fund. 3. Defining a "host community agreement" and setting guidelines for these agreements, including limits on community impact fees. 4. Establishing a Cannabis Social Equity Trust Fund to provide grants and loans to support social equity program participants and economic empowerment priority applicants. 5. Requiring host communities to establish policies to promote participation in the marijuana industry by communities disproportionately harmed by marijuana prohibition. 6. Providing for the expungement of certain marijuana-related criminal records. The bill aims to address past harms and promote social equity in the regulated marijuana industry in Massachusetts.

House Committee on Ways and Means (H)

https://malegislature.gov/Bills/192/H4791