(a) There is established as a special fund the Medical Cannabis Social Equity Fund ("Fund"), which shall be administered by Department of Small and Local Business Development ("DSLBD") in consultation with ABRA and in accordance with subsection (c) of this section.
(b) All revenue in excess of the amount budgeted in the Fiscal Year 2023 budget for Fiscal Year 2023 collected pursuant to § 47-2002(a)(7) shall be deposited into the Fund.
(c) Money in the Fund shall be used to administer the medical cannabis certified business enterprise program established in accordance with § 7-1671.06(d)(5).
(d)(1) The money deposited into the Fund shall not revert to the unrestricted fund balance of the General Fund of the District of Columbia at the end of a fiscal year, or at any other time.
(2) Subject to authorization in an approved budget and financial plan, any funds appropriated in the Fund shall be continually available without regard to fiscal year limitation.
(e) ABRA and DSLBD shall enter into a memorandum of understanding to effectively implement the distribution of funds in the Fund for the purpose set forth in subsection (c) of this section.
(Feb. 25, 2010, D.C. Law 13-315, § 9b; as added Sept. 21, 2022, D.C. Law 24-167, § 5072, 69 DCR 009223.)
For temporary (90 days) creation of this section, see § 5072 of Fiscal Year 2023 Budget Support Emergency Act of 2022 (D.C. Act 24-470, July 13, 2022, 69 DCR 008707).
Structure District of Columbia Code
Title 7 - Human Health Care and Safety
Chapter 16B - Use of Marijuana for Medical Treatment
§ 7–1671.02. Use of medical marijuana
§ 7–1671.03. Restrictions on use of medical marijuana
§ 7–1671.04. Recommending authorize practitioner; protections
§ 7–1671.05. Medical marijuana program
§ 7–1671.06. Dispensaries and cultivation centers
§ 7–1671.08a. Medical Cannabis Administration Fund
§ 7–1671.08b. Medical Cannabis Social Equity Fund
§ 7–1671.09. Medical Marijuana Advisory Committee