Maryland SB925 allocates 3% of cannabis sales tax revenue to the Maryland Veterans Trust Fund.
Maryland SB925 amends the distribution of sales and use tax revenue from cannabis sales. Specifically, it mandates that 3% of the collected revenue be directed to the Maryland Veterans Trust Fund. This fund provides assistance to veterans, members of the Maryland National Guard, and related programs. The bill also outlines other distributions, including to the Cannabis Regulation and Enforcement Fund, the Cannabis Business Assistance Fund, and the General Fund of the State.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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