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§ 7909 — Vermont Law | CourtGPT
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  5. Chapter 207 - Cannabis Excise Tax and Cannabis Sales Tax Revenue§ 7901. Definitions/
  6. § 7909
Vermont Legal Code

§ 7909

Vermont Title 32 — Vermont law

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] (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. [Subsection (a) effective July 1, 2025; see also subsection (a) effective 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.

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.)

Source: https://legislature.vermont.gov/statutes/section/32/207/07909· Version 2026