There is a newer version of this Section
2023
2022 (you are here)
2021
2020
2019
Other previous versions
View our newest version here

2022 Vermont Statutes
Title 32 - Taxation and Finance
Chapter 207 - Cannabis Excise Tax
§ 7909. Substance misuse prevention funding

Universal Citation: 32 V.S.A. § 7909
Previous

§ 7909. Substance misuse prevention funding

[Subdivision (a) effective until July 1, 2023; see also subdivision (a) effective July 1, 2023 until July 1, 2025, and subdivision (a) effective July 1, 2025 set out below.]

(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.

[Subdivision (a) effective July 1, 2023 until July 1, 2025; see also subdivision (a) effective until July 1, 2023 set out above; and subdivision (a) effective July 1, 2025 set out below.]

(a) Thirty percent of the unexpended and unobligated balance of the Cannabis Regulation Fund that is transferred to the General Fund pursuant to 7 V.S.A. § 845(d)(1), not to exceed $10,000,000.00 per fiscal year, shall be used to fund substance misuse prevention programming in the subsequent fiscal year.

[Subdivision (a) effective July 1, 2025; see also subdivision (a) effective until July 1, 2023, and subdivision (a) effective July 1, 2023 until July 1, 2025, set out above.]

(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 in the subsequent fiscal year.

(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; amended 2021, No. 185 (Adj. Sess.), § E.240.2, eff. July 1, 2023; 2021, No. 185 (Adj. Sess.), § E.240.6, eff. July 1, 2025.)

Previous
Disclaimer: These codes may not be the most recent version. Vermont may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.