Amendment ID: S2801-2-R1

Redraft Amendment 2

Cannabis Social Equity Trust Fund Accountability

Mr. Gomez, Ms. Comerford, Ms. Moran, Ms. Chang-Diaz, Ms. Rausch, Ms. Edwards, Mr. Keenan, Ms. Jehlen, Messrs. Tarr, Collins, Feeney and Lesser move that the proposed new draft be amended in section 10, in proposed subsection (c) of section 14 of chapter 94G, by adding the following paragraph:-

“(4) Annually, at the end of each fiscal year, the executive office of housing and economic development, in consultation with the board, shall report on expenditures from the fund. The report shall include, but not be limited to: (i) information that identifies and describes the amount of money spent from the fund; (ii) a list of the entities that received a grant or loan from the fund; (iii) the geographic location of recipient entities; (iv) the form of funding received by each entity; (v) information indicating whether each recipient entity is a minority-owned entity; and (vi) any other information that the executive office and the board deem appropriate to ensure equity and accountability. The report shall be filed with the clerks of the house of representatives and the senate, the house and senate committees on ways and means, the joint committee on cannabis policy and the state auditor. The executive office shall make the report publicly available on its website.”.