Allows private donations to the cannabis social equity trust fund in Massachusetts.
Massachusetts S85 enables private donations to the cannabis social equity trust fund. It allows individuals filing separate tax returns to contribute up to $1 and joint filers up to $5,000. The executive office of economic development, in consultation with the advisory board, will publicize donation opportunities and establish policies for accepting donations. The advisory board will approve the amount of funds used for the program and promulgate regulations governing its structure and administration.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.