Item 397 | First Year - FY2023 | Second Year - FY2024 |
|---|
|
|
| Cannabis Regulation and Enforcement (30800) | $8,200,000 | $11,200,000
$5,300,000 |
| Administrative Services (30801) | FY2023 $8,200,000 | FY2024 $11,200,000
$5,300,000 |
| Fund Sources: | | |
| General | FY2023 $8,200,000 | FY2024 $11,200,000
$5,300,000 |
Authority: §§4.1-601 through 4.1-1503, Code of Virginia.
Out of the amounts appropriated in this item, $8,200,000 the first year and $11,200,000 $5,300,000 the second year from the general fund is provided for the startup and general operations of the Virginia Cannabis Control Authority. Included in these amounts, $3,000,000 the second year from the general fund is provided for low-interest and zero-interest loans to assist applicants and licensees, to be distributed by the Authority consistent with existing law. The Director, Department of Planning and Budget, is authorized to transfer up to $2,500,000 from any general fund balance originally appropriated in Item 479 U., Chapter 552, 2021 Acts of Assembly, Special Session I to the Cannabis Control Authority to cover one-time costs of a seed-to-sale tracking system.