Summary
During the Annual Town Meeting held on May 1, 2018, the residents of the Town of Millbury voted, pursuant to Section 5B of Chapter 40 of the MGLs, to establish 5 stabilization funds. These stabilization funds would receive the revenues generated from the taxes on the sale of marijuana. Under the current rules in Millbury, all revenues derived from taxes on the sale of marijuana would be deposited into the General Fund. This home rule petition would update this rule and direct the funds into the stabilization accounts created under the special act.