{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/2.2-2499.8.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/2.2-2499.8.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/2.2-2499.8.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/2.2-2499.8.html"}],"law_id":53963,"edition_id":1,"section_id":53963,"structure_id":12787,"section_number":"2.2-2499.8","catch_line":"Cannabis Equity Reinvestment Fund","history":"2021, Sp. Sess. I, cc. 550, 551.","full_text":"There is hereby created in the state treasury a special nonreverting fund to be known as the Cannabis Equity Reinvestment Fund, referred to in this section as “the Fund.” The Fund shall be established on the books of the Comptroller. All funds appropriated for such purpose and any gifts, donations, grants, bequests, and other funds received on its behalf shall be paid into the state treasury and credited to the Fund. Interest earned on moneys in the Fund shall remain in the Fund and be credited to it. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund. Moneys in the Fund shall be used solely for the purposes of:\n\n1\n\nSupporting persons, families, and communities historically and disproportionately targeted and affected by drug enforcement;2\n\nProviding scholarship opportunities and educational and vocational resources for historically marginalized persons, including persons in foster care, who have been adversely impacted by substance use individually, in their families, or in their communities;3\n\nAwarding grants to support workforce development, mentoring programs, job training and placement services, apprenticeships, and reentry services that serve persons and communities historically and disproportionately targeted by drug enforcement.4\n\nContributing to the Virginia Indigent Defense Commission established pursuant to § 19.2-163.01; and5\n\nContributing to the Virginia Cannabis Equity Business Loan Fund established pursuant to § 4.1-1501.\n\t\t\tExpenditures and disbursements from the Fund shall be made by the State Treasurer on warrants issued by the Comptroller upon written request signed by the Director of Diversity, Equity, and Inclusion.","order_by":null,"text":{"0":{"id":198144,"text":"There is hereby created in the state treasury a special nonreverting fund to be known as the Cannabis Equity Reinvestment Fund, referred to in this section as “the Fund.” The Fund shall be established on the books of the Comptroller. All funds appropriated for such purpose and any gifts, donations, grants, bequests, and other funds received on its behalf shall be paid into the state treasury and credited to the Fund. Interest earned on moneys in the Fund shall remain in the Fund and be credited to it. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund. Moneys in the Fund shall be used solely for the purposes of:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":198145,"text":"Supporting persons, families, and communities historically and disproportionately targeted and affected by drug enforcement;","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":198146,"text":"Providing scholarship opportunities and educational and vocational resources for historically marginalized persons, including persons in foster care, who have been adversely impacted by substance use individually, in their families, or in their communities;","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":198147,"text":"Awarding grants to support workforce development, mentoring programs, job training and placement services, apprenticeships, and reentry services that serve persons and communities historically and disproportionately targeted by drug enforcement.","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":198148,"text":"Contributing to the Virginia Indigent Defense Commission established pursuant to § 19.2-163.01; and","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3","next_prefix":"5"},"5":{"id":198149,"text":"Contributing to the Virginia Cannabis Equity Business Loan Fund established pursuant to § 4.1-1501.\n\t\t\tExpenditures and disbursements from the Fund shall be made by the State Treasurer on warrants issued by the Comptroller upon written request signed by the Director of Diversity, Equity, and Inclusion.","type":"section","prefixes":["5"],"prefix":"5","entire_prefix":"5","prefix_anchor":"5","level":1,"prior_prefix":"4"}},"ancestry":[{"id":12787,"edition_id":1,"name":"Cannabis Equity Reinvestment Board","identifier":"30","label":"article","depth":5,"order_by":1,"parent_id":12786,"metadata":{},"date_created":"2026-06-26 03:43:53","date_modified":"2026-06-26 03:43:53","permalink":{"id":175003,"object_type":"structure","relational_id":12787,"identifier":"30","token":"2.2\/I\/D\/24\/30","url":"\/2.2\/I\/D\/24\/30\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12786,"edition_id":1,"name":"Boards","identifier":"24","label":"chapter","depth":4,"order_by":1,"parent_id":12785,"metadata":{},"date_created":"2026-06-26 03:43:53","date_modified":"2026-06-26 03:43:53","permalink":{"id":174687,"object_type":"structure","relational_id":12786,"identifier":"24","token":"2.2\/I\/D\/24","url":"\/2.2\/I\/D\/24\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12785,"edition_id":1,"name":"State Authorities, Boards, Commissions, Councils, Foundations and Other Collegial Bodies","identifier":"D","label":"part","depth":3,"order_by":1,"parent_id":12784,"metadata":{},"date_created":"2026-06-26 03:43:53","date_modified":"2026-06-26 03:43:53","permalink":{"id":173913,"object_type":"structure","relational_id":12785,"identifier":"D","token":"2.2\/I\/D","url":"\/2.2\/I\/D\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12784,"edition_id":1,"name":"Organization of State Government","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":12749,"metadata":{},"date_created":"2026-06-26 03:43:53","date_modified":"2026-06-26 03:43:53","permalink":{"id":171455,"object_type":"structure","relational_id":12784,"identifier":"I","token":"2.2\/I","url":"\/2.2\/I\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12749,"edition_id":1,"name":"Administration of Government","identifier":"2.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:51","date_modified":"2026-06-26 03:43:51","permalink":{"id":171453,"object_type":"structure","relational_id":12749,"identifier":"2.2","token":"2.2","url":"\/2.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":74560,"structure_id":12787,"section_number":"2.2-2499.5","catch_line":"Cannabis Equity Reinvestment Board; purpose; membership; quorum; meetings","url":"\/2.2-2499.5\/","token":"2.2\/I\/D\/24\/30\/2.2-2499.5","metadata":false},{"id":71457,"structure_id":12787,"section_number":"2.2-2499.6","catch_line":"Compensation; expenses","url":"\/2.2-2499.6\/","token":"2.2\/I\/D\/24\/30\/2.2-2499.6","metadata":false},{"id":81676,"structure_id":12787,"section_number":"2.2-2499.7","catch_line":"Powers and duties of the Board","url":"\/2.2-2499.7\/","token":"2.2\/I\/D\/24\/30\/2.2-2499.7","metadata":false},{"id":53963,"structure_id":12787,"section_number":"2.2-2499.8","catch_line":"Cannabis Equity Reinvestment Fund","url":"\/2.2-2499.8\/","token":"2.2\/I\/D\/24\/30\/2.2-2499.8","metadata":false}],"previous_section":{"id":81676,"structure_id":12787,"section_number":"2.2-2499.7","catch_line":"Powers and duties of the Board","url":"\/2.2-2499.7\/","token":"2.2\/I\/D\/24\/30\/2.2-2499.7","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/2.2-2499.8\/","history_text":false,"references":[{"id":77437,"section_number":"4.1-614","catch_line":"Disposition of moneys collected by the Board","order_by":null,"url":"\/4.1-614\/"}],"refers_to":[{"id":63945,"section_number":"19.2-163.01","catch_line":"Virginia Indigent Defense Commission established; powers and duties","order_by":null,"url":"\/19.2-163.01\/"},{"id":68614,"section_number":"4.1-1501","catch_line":"Virginia Cannabis Equity Business Loan Fund","order_by":null,"url":"\/4.1-1501\/"}],"permalink":{"id":175017,"object_type":"law","relational_id":53963,"identifier":"2.2-2499.8","token":"2.2\/I\/D\/24\/30\/2.2-2499.8","url":"\/2.2-2499.8\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/2.2-2499.8\/","token":"2.2\/I\/D\/24\/30\/2.2-2499.8","dublin_core":{"Title":"Cannabis Equity Reinvestment Fund","Type":"Text","Format":"text\/html","Identifier":"\u00a7 2.2-2499.8","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

There is hereby created in the state treasury a special nonreverting fund to be known as the Cannabis Equity<\/span> Reinvestment Fund, referred to in this section as “the Fund.” The Fund shall be established on the books of the Comptroller. All funds appropriated for such purpose and any gifts, donations, grants, bequests, and other funds received on its behalf shall be paid into the state treasury and credited to the Fund. Interest earned on moneys in the Fund shall remain in the Fund and be credited to it. Any moneys remaining in the Fund, including interest thereon, at the end of each fiscal year shall not revert to the general fund but shall remain in the Fund. Moneys in the Fund shall be used solely for the purposes of:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> Supporting persons, families, and communities historically and disproportionately targeted and affected by drug enforcement; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> Providing scholarship opportunities and educational and vocational resources for historically marginalized persons, including persons in foster care, who have been adversely impacted by substance use individually, in their families, or in their communities; <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> Awarding grants to support workforce development, mentoring programs, job training and placement services, apprenticeships, and reentry services that serve persons and communities historically and disproportionately targeted by drug enforcement. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> Contributing to the Virginia Indigent<\/span> Defense Commission established pursuant to § 19.2-163.01<\/a>; and <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> Contributing to the Virginia Cannabis Equity<\/span> Business Loan Fund established pursuant to § 4.1-1501<\/a>.\n\t\t\tExpenditures and disbursements from the Fund shall be made by the State Treasurer on warrants issued by the Comptroller upon written request signed by the Director of Diversity, Equity<\/span>, and Inclusion. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nCANNABIS EQUITY REINVESTMENT FUND (\u00a7 2.2-2499.8)\n\nThere is hereby created in the state treasury a special nonreverting fund to be\nknown as the Cannabis Equity Reinvestment Fund, referred to in this section as\n“the Fund.” The Fund shall be established on the books of the\nComptroller. All funds appropriated for such purpose and any gifts, donations,\ngrants, bequests, and other funds received on its behalf shall be paid into the\nstate treasury and credited to the Fund. Interest earned on moneys in the Fund\nshall remain in the Fund and be credited to it. Any moneys remaining in the\nFund, including interest thereon, at the end of each fiscal year shall not\nrevert to the general fund but shall remain in the Fund. Moneys in the Fund\nshall be used solely for the purposes of:\n\n1. Supporting persons, families, and communities historically and\ndisproportionately targeted and affected by drug enforcement;\n\n2. Providing scholarship opportunities and educational and vocational resources\nfor historically marginalized persons, including persons in foster care, who\nhave been adversely impacted by substance use individually, in their families,\nor in their communities;\n\n3. Awarding grants to support workforce development, mentoring programs, job\ntraining and placement services, apprenticeships, and reentry services that\nserve persons and communities historically and disproportionately targeted by\ndrug enforcement.\n\n4. Contributing to the Virginia Indigent Defense Commission established pursuant\nto § 19.2-163.01; and\n\n5. Contributing to the Virginia Cannabis Equity Business Loan Fund established\npursuant to § 4.1-1501.\n\t\t\tExpenditures and disbursements from the Fund shall be made by the State\nTreasurer on warrants issued by the Comptroller upon written request signed by\nthe Director of Diversity, Equity, and Inclusion.\n\nHISTORY: 2021, Sp. Sess. I, cc. 550, 551.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}