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NY A03506
Bill
Status
1/27/2017
Primary Sponsor
Crystal Peoples-Stokes
Click for details
AI Summary
Bill Summary: A03506 - Marihuana Regulation and Taxation Act
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Legalizes possession, use, and home cultivation of marihuana for adults 21+ years old, allowing up to 2 pounds of marihuana and 4.5 ounces of concentrated cannabis, with a limit of 6 living plants for personal cultivation.
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Establishes a Bureau of Marihuana Policy within the Liquor Authority to issue licenses for commercial marihuana production, processing, retail sales, and on-premises consumption facilities, with licensing to begin within 18 months.
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Imposes state excise tax of 15% on retail marihuana sales, plus cultivation taxes on harvested marihuana (62 cents per gram for flowers, 10 cents per gram for leaves), with revenues directed to education, substance abuse treatment, and community reinvestment programs.
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Repeals prior marihuana criminal statutes and allows record sealing for certain past marihuana convictions; changes unlicensed sales offenses from felonies to misdemeanors or violations depending on quantity and age of purchaser.
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Prioritizes social equity by requiring the Bureau to implement diversity programs favoring minority and women-owned businesses, and provides employment and housing protections for lawful marihuana use by adults.
Legislative Description
Enacts the "marihuana regulation and taxation act"; relates to the description of marihuana, and the growing of and use of marihuana by persons twenty-one years of age or older; makes technical changes regarding the definition of marihuana; relates to the qualification of certain offenses involving marihuana and exempts certain persons from prosecution for the use, consumption, display, production or distribution of marihuana; provides for the licensure of persons authorized to produce, process and sell marihuana; levies an excise tax on certain sales of marihuana; repeals certain provisions of the penal law relating to the criminal sale of marihuana and provisions of the general business law relating to drug paraphernalia; makes an appropriation therefor.
Last Action
print number 3506c
11/16/2018