Allows Cannabis Regulatory Commission to award grants from Social Equity Excise Fee proceeds.
The bill allows the Cannabis Regulatory Commission to award competitive grants from Social Equity Excise Fee proceeds. The commission will fund social equity programs, including educational support, economic development, social services, and legal aid. The commission will hold public hearings to make recommendations to the Governor and Legislature for SEEF appropriations. The bill transfers responsibility for disbursing SEEF revenues from the Legislature to the commission.
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