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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) There is established as a special fund the Medical Cannabis Administration Fund (“Fund”), which shall be administered by ABCA in accordance with subsection (c) of this section.
(b) All funds received from medical cannabis licensing, permitting, and registration fees shall be deposited into the Fund.
(c) Money deposited in the Fund shall be used by ABCA for the purpose of administering the medical cannabis program.
(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) Funds received from penalties and fines imposed under § 7-1671.08 shall be credited to the unassigned fund balance of the General Fund of the District of Columbia.
Cite this article: FindLaw.com - District of Columbia Code Division I. Government of District. § 7-1671.08a. Medical Cannabis Administration Fund. - last updated January 01, 2024 | https://codes.findlaw.com/dc/division-i-government-of-district/dc-code-sect-7-1671-08a/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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