What's happening
This bill reallocates medical marijuana trust fund revenues, with 45% now going to host municipalities of the medical marijuana industry.
Why it matters
Significantly increases funding for local municipalities hosting medical marijuana operations, potentially enabling them to better manage the impacts—such as increased demands on infrastructure, public safety, and community services—that come with hosting this industry.
Reduces the share of medical marijuana trust fund revenues going to counties in favor of direct municipal allocation, which may shift political and fiscal dynamics between county and local governments over how marijuana-related funds are spent.
May incentivize more municipalities to allow or attract medical marijuana businesses, given the prospect of receiving a substantial portion (45%) of generated revenues, possibly affecting future industry expansion and local economic development.
Maintains dedicated funding streams for drug abuse prevention/treatment and law enforcement grants, ensuring these public health and safety measures remain supported even as a much larger share of funds is shifted to host communities.
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Who cares
Headline styles
Change Marijuana Fund Allocation
Plain English, a few words. Used as the page title.
Sponsors
1 Co-sponsor
History
- Enacting clause stricken
- Referred to ways and means
- Referred to ways and means
Full text
2 pagesUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
7625
2017-2018 Regular Sessions
IN ASSEMBLY
May 5, 2017
Introduced by M. of A. MAYER, PRETLOW -- read once and referred to the Committee on Ways and Means
AN ACT to amend the state finance law, in relation to the allocation of the funds in the medical marihuana trust fund
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Subdivision 4 of section 89-h of the state finance law, as added by chapter 90 of the laws of 2014, is amended to read as follows:
4. The moneys of the medical marihuana trust fund, following appropriation by the legislature, shall be allocated upon a certificate of approval of availability by the director of the budget as follows: (a) Twenty-two and five-tenths percent of the monies shall be transferred to the counties in New York state in which the medical marihuana was manufactured and allocated in proportion to the gross sales originating from medical marihuana manufactured in each such county; (b) twenty-two and five-tenths percent of the moneys shall be transferred to the counties in New York state in which the medical marihuana was dispensed and allocated in proportion to the gross sales occurring in each such county; (c) five percent of the monies shall be transferred to the office of alcoholism and substance abuse services, which shall use that revenue for additional drug abuse prevention, counseling and treatment services; (d) forty-five percent of the monies shall be transferred to the local municipality that is serving as the host community to the medical marihuana industry; and [(d)] (e) five percent of the revenue received by the department shall be transferred to the division of criminal justice services, which shall use that revenue for a program of discretionary grants to state and local law enforcement agencies that demonstrate a need relating to title five-A of article thirty-three of the public health law; said grants could be used for personnel costs of state and local law enforcement agencies. For purposes of this subdivision, the city of New York shall be deemed to be a county.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD11319-01-7
A. 7625 2
§ 2. This act shall take effect on the sixtieth day after it shall become a law; provided, that the amendments to subdivision 4 of section 89-h of the state finance law made by section one of this act shall not affect the expiration and repeal of such section and shall expire and be deemed repealed therewith.
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.