Maryland HB151 allocates 3% of cannabis sales tax revenue to the Maryland Veterans Trust Fund.
Maryland HB151 mandates that 3% of the sales and use tax revenue collected from the sale of cannabis be distributed to the Maryland Veterans Trust Fund. This fund provides monetary and other assistance to veterans, their families, and related programs. The bill also outlines other distributions of cannabis sales tax revenue, including to the Community Reinvestment and Repair Fund, the Cannabis Business Assistance Fund, and the General Fund of the State. The Act is set to take effect on July 1, 2026.
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