summary
Introduced
05/18/2022
05/18/2022
In Committee
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Relative to equity in the cannabis industry (Senate, No. 2823), as changed by the committee on Bills in the Third Reading and as amended by the House. May 18, 2022.
AI Summary
This bill aims to promote equity in Massachusetts' cannabis industry. It defines a "social equity business" as a marijuana retailer majority-owned by individuals eligible for the state's social equity program. The bill requires 1% of revenue from social equity businesses to be distributed to the municipalities where they are located, rather than deposited in the Marijuana Regulation Fund. It also establishes a Cannabis Social Equity Trust Fund to provide technical assistance, training, and access to financing for social equity program participants and economic empowerment priority applicants. Additionally, the bill mandates that host communities implement policies to encourage participation in the cannabis industry by disproportionately impacted communities, and it requires the expungement of certain marijuana-related records.
Sponsors (0)
No sponsors listed
Last Action
H4791, published as amended (on 05/18/2022)
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/H4800 |
| Bill | https://malegislature.gov/Bills/192/H4800.pdf |
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