Prince George's County Council - Reference No. CB-088-2023

• Reference No.: CB-088-2023
• Draft No.: 3
• Type: Council Bill
• Status: Enacted
• Meeting Body: County Council
• Meeting Date: 11/7/2023
• Introduced Date: 10/10/2023
• Public Hearing Date: 11/07/2023 @ 10:00 AM
• Effective date: 1/12/2024
• Title: AN ACT CONCERNING CANNABIS REINVESTMENT AND RESTORATION BOARD for the purpose of creating the Cannabis Reinvestment and Restoration Board; providing for the purpose, membership, terms and compensation of members, appointment of a chair, meeting standards, and duties of Cannabis Reinvestment and Restoration Board; establishing the Community Reinvestment and Repair Special Revenue Fund for the purpose of receiving funds from the State Community Reinvestment and Repair Fund; providing that the Fund shall be a special, non-lapsing fund; establishing the purpose of the Fund; and generally relating to the Cannabis Reinvestment and Reparations Board.
• Proposers/Sponsors: Krystal Oriadha, Sydney J. Harrison, Ingrid S. Watson, Jolene Ivey, Thomas E. Dernoga, Wala Blegay, Edward P. Burroughs, Calvin S. Hawkins, Mel Franklin, Eric C. Olson, Wanika Fisher
• Code sections: 02-163 - Reserved, 02-164 - Reserved, 02-165 - Reserved, 02-166 - Reserved, 02-167 - Reserved, 02-168 - Reserved, 02-169 - Reserved, 02-170 - Reserved, 02-171 -
• Contact: Jibril Brown, Legislative Officer

Date	Ver.	Action By	Action	Result
11/27/2023	3	County Executive	signed
11/7/2023	3	County Council	public hearing held
11/7/2023	3	County Council	enacted	Pass
10/10/2023	2	County Council	amended (1)	Pass
10/10/2023	2	County Council	introduced
9/28/2023	1	Government Operations and Fiscal Policy Committee	amended (1)	Pass
9/28/2023	1	Government Operations and Fiscal Policy Committee	Favorably recommended with amendments	Pass
9/19/2023	1	County Council	presented and referred

Title

AN ACT CONCERNING CANNABIS REINVESTMENT AND RESTORATION BOARD for the purpose of creating the Cannabis Reinvestment and Restoration Board; providing for the purpose, membership, terms and compensation of members, appointment of a chair, meeting standards, and duties of Cannabis Reinvestment and Restoration Board; establishing the Community Reinvestment and Repair Special Revenue Fund for the purpose of receiving funds from the State Community Reinvestment and Repair Fund; providing that the Fund shall be a special, non-lapsing fund; establishing the purpose of the Fund; and generally relating to the Cannabis Reinvestment and Reparations Board.

Background

The State has allowed recreational use cannabis and has imposed sales and use tax on cannabis of 9% pursuant to § 11-104 of the Tax General Article of the Maryland Code, which prescribes the distribution of that tax revenues. This sales and use tax collected is first applied to defray the entire cost of the operations and expenses of the Maryland Cannabis Administration with 35% being distributed to the State’s Community Reinvestment and Repair Fund, 5% is distributed to counties based on the revenue collected from each county, 5% is distributed to the State’s Cannabis Public Health Fund, 5% is distributed to the State’s Cannabis Business Assistance Fund, and the balance is distributed to the State’s general fund. Each county is charged with promulgating laws on how it will distribute the monies it receives from the sales and use tax generated from the sale of cannabis.