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Bill > S55

MA S55

MA S55
Relative to equitable allocation of cannabis revenue

summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

193rd General Court

Bill Summary

For legislation relative to equitable allocation of cannabis revenue. Cannabis Policy.

AI Summary

This bill proposes to increase the percentage of cannabis revenue allocated to the Marijuana Regulation Fund from 15% to 50%. The Marijuana Regulation Fund is a state fund used to support the administration and enforcement of the state's cannabis laws and regulations. This change would redirect a larger portion of cannabis revenue to the regulatory and oversight activities related to the cannabis industry in the state.

Committee Categories

Health and Social Services

Sponsors (1)

Last Action

Accompanied a study order, see S2635 (on 02/12/2024)

Bill Topics

Civil Rights, Minority Issues, and Civil Liberties
  • ‐ Ethnic Minority and Racial Group Discrimination
Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform
(1 Companion Bills)

bill text

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Document Type Source Location Created
State Bill Page https://malegislature.gov/Bills/193/S55 03/11/2023
BillText https://malegislature.gov/Bills/193/S55.pdf 03/11/2023
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