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Assembly Bill A7625

2017-2018 Legislative Session

Relates to the allocation of the funds in the medical marihuana trust fund

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2017-A7625 (ACTIVE) - Details

Law Section:
State Finance Law
Laws Affected:
Amd §89-h, St Fin L

2017-A7625 (ACTIVE) - Summary

Relates to the allocation of the funds in the medical marihuana trust fund.

2017-A7625 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7625
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                                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 ASSEM-
 BLY, 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 appropri-
 ation  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 manu-
 factured 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 allo-
 cated 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  MARI-
 HUANA  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.

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