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Bill > HB5074
WV HB5074
WV HB5074Relating to changing the allocation of proceeds in the Medical Cannabis Program Fund.
summary
Introduced
02/03/2026
02/03/2026
In Committee
03/05/2026
03/05/2026
Crossed Over
03/04/2026
03/04/2026
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
A BILL to amend and reenact §16A-9-2 of the Code of West Virginia, 1931, relating to changing the allocation of proceeds in the Medical Cannabis Program Fund.
AI Summary
This bill modifies how money collected in the Medical Cannabis Program Fund is distributed. Specifically, it changes the term "appropriated" to "allocated" when referring to how money in the fund is used, and it outlines new allocations for specific dates and ongoing percentages. On June 30, 2026, $3 million will be allocated to the Supreme Court of Appeals for a Child Protection Commission pilot project, $10 million to West Virginia University for Ibogaine research, another $10 million to Marshall University for Ibogaine research, and $5 million to the Division of Primary Care to address homelessness, with any remaining balance reverting to general revenue. Beginning July 1, 2026, the fund's revenue will be allocated differently: 15% to the Office of Medical Cannabis for administrative purposes, 15% to the Department of Agriculture for medical cannabis testing, 20% to the Fight Substance Abuse Fund, 10% to Marshall University for cannabis research, 10% to West Virginia University's Rockefeller Neuroscience Institute for substance use disorder research, 10% to the Supreme Court of Appeals for a Child Protection Commission, and 20% to the Division of Administrative Services, Justice and Community Services for grants to local law enforcement agencies for crime and addiction programs.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
To Finance (on 03/05/2026)
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