Substance Misuse Prevention Special Fund
18 V.S.A. § 4812
in effect4812. Substance Misuse Prevention Special Fund
(a) The Substance Misuse Prevention Special Fund is established and managed by the Vermont Department of Health in accordance with 32 V.S.A. chapter 7, subchapter 5 for the purpose of funding substance misuse prevention programming, including school-based prevention programming.
(b) Thirty percent of the revenues raised by the cannabis excise tax imposed pursuant to 32 V.S.A. § 7902, not to exceed $10,000,000.00 per fiscal year, shall be deposited into this fund.
(c) Any unencumbered and unexpended spending authority reverted in accordance with 32 V.S.A. § 703 may be immediately re-established the following fiscal year in accordance with 32 V.S.A. § 511.
(d) Notwithstanding any provision of 32 V.S.A. chapter 7, subchapter 5 to the contrary, all interest earned by this fund shall be retained by this fund.
(e) As part of its annual budget presentation, the Department shall report to the House Committees on Appropriations and on Human Services and to the Senate Committees on Appropriations and on Health and Welfare on its specific spending proposal from the Substance Misuse Prevention Special Fund for the coming fiscal year. The report shall include an estimate of the monies in the Special Fund anticipated to remain unallocated at the end of the fiscal year.
Added 2025, No. 27, § E.313, eff. July 1, 2025; 2025, No. 141 (Adj. Sess.), § 12, eff. July 1, 2026; 2025, No. 144 (Adj. Sess.), § E.313, eff. July 1, 2026.
Source: Vermont General Assembly (legislature.vermont.gov)URL: https://legislature.vermont.gov/statutes/section/18/094/04812Fetched: 10/21/2026