MD SB732

State Comptroller must distribute Baltimore City's allocation from the Community Reinvestment and Repair Fund directly to the Baltimore City Comptroller, rather than to the county government

Baltimore City Comptroller must establish a dedicated special account exclusively for holding and distributing these cannabis reinvestment funds

Funds must be used for community-based initiatives including behavioral health services, education programs, housing/homelessness prevention, job training, and programs benefiting those impacted by incarceration, with administrative expenses capped at 15%

Baltimore City Comptroller must develop a distribution plan in consultation with stakeholders and hold a public hearing before finalizing the plan, with annual reporting to the Office of Social Equity by October 1

Special account is subject to audit by the Office of Legislative Audits; effective date is October 1, 2026