Maryland 2024 Regular Session

Maryland Senate Bill SB815

Introduced
2/2/24  

Caption

Cannabis - Community Reinvestment Impact Districts - Establishment

Impact

Under this legislation, designated districts will be allocated at least 20% of the funds from the Community Reinvestment and Repair Fund for a minimum of five years. This funding is specifically targeted towards community-based organizations serving populations identified as adversely affected by previous cannabis laws. The bill is positioned as a step towards addressing historical wrongs and promoting equity in communities that have been unjustly impacted by drug enforcement policies.

Summary

Senate Bill 815 aims to establish Community Reinvestment Impact Districts within Maryland, focusing on areas disproportionately affected by the historical enforcement of cannabis prohibition. The bill allows counties or Equitable Community Investment Councils to designate specific areas as Community Reinvestment Impact Districts based on certain socio-economic criteria, such as high unemployment rates, high infant mortality rates, and a legacy of redlining. The intent of these designations is to foster reinvestment and repair in communities that have experienced systemic inequities.

Contention

Despite its intentions, SB815 has generated some debate regarding the effectiveness and sufficiency of the metrics used for designation. Critics may argue that the criteria could be too broad or insufficiently stringent, possibly leading to misallocation of resources or lack of genuine impact. Additionally, questions concerning the governance of the funds and the accountability of the recipient organizations could arise, potentially leading to further discussions on transparency and oversight.

Companion Bills

No companion bills found.

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