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Searching 2021-2022 Session

The Vermont Statutes Online

 

Title 32 : Taxation and Finance

Chapter 207 : CANNABIS EXCISE TAX

(Cite as: 32 V.S.A. § 7909)
  •  [Section 7909 effective March 1, 2022.]

    § 7909. Substance Misuse Prevention Funding

    (a) Thirty percent of the revenues raised by the cannabis excise tax imposed by section 7902 of this title, not to exceed $10,000,000.00 per fiscal year, shall be used to fund substance misuse prevention programming.

    (b) If any General Fund appropriations for substance misuse prevention programming remain unexpended at the end of a fiscal year, that balance shall be carried forward and shall only be used for the purpose of funding substance misuse prevention programming in the subsequent fiscal year.

    (c) Any appropriation balance carried forward pursuant to subsection (b) of this section shall be in addition to revenues allocated for substance misuse prevention programming pursuant to subsection (a) of this section. (Added 2021, No. 62, § 18, eff. March 1, 2022.)