The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
(Cite as: 7 V.S.A. § 988)
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§ 988. Social equity loans and grants
The Agency of Commerce and Community Development shall establish a program using funds
from the Cannabis Business Development Fund for the purpose of providing financial
assistance, loans, grants, and outreach to social equity applicants. The Agency may
procure by contract all or part of the necessary underwriting, execution, and administration
services required for loans and grants to be made from the Cannabis Business Development
Fund to eligible social equity applicants as allowed under this chapter. Should the
Agency be unable to do so, the program shall not move forward until the General Assembly
appropriates the operational resources necessary for the Agency to make loans and
provide financial assistance to social equity applicants. (Added 2021, No. 62, § 12, eff. June 7, 2021.)