An Act enabling private donations to the cannabis social equity trust fund
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill would allow private individuals and organizations to donate money to the Cannabis Social Equity Trust Fund in Massachusetts. Currently, funding for this fund is primarily derived from state revenue. This legislation seeks to broaden the funding sources available to support programs designed to address the historical harms of cannabis prohibition and promote equity within the cannabis industry. The Trust Fund supports initiatives aimed at providing opportunities for individuals and communities disproportionately affected by past cannabis enforcement.
Key provisions
- Allows private donations to the Cannabis Social Equity Trust Fund.
- The Trust Fund will continue to support programs related to cannabis equity.
- The bill does not detail any restrictions on the types of donations accepted.
Who is affected
- Individuals and organizations seeking to donate to the Cannabis Social Equity Trust Fund.
- The Cannabis Social Equity Trust Fund recipients.
- The Commonwealth of Massachusetts
Notable changes
- Expands the funding sources for the Cannabis Social Equity Trust Fund beyond state revenue.
- No changes to the Trust Fund's mission or existing programs are outlined in the bill.
Bill text
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Sponsors
Official sponsors from legislative records.
5 on record
Primary sponsor
Cosponsors
David Henry Argosky LeBoeuf
Kevin Gilnack
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