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NY S08264
Bill
Status
Introduced
5/28/2025
Primary Sponsor
Michelle Hinchey
Click for details
AI Summary
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Amends the State Finance Law (section 99-ii) to expand permitted uses of the New York State Cannabis Revenue Fund
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Explicitly authorizes the Office of Cannabis Management and Cannabis Control Board to use fund revenues for implementing track and tracing of product programs
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Track and trace costs are added to the existing category of "reasonable costs" for implementing, administering, and enforcing the Marihuana Regulation and Taxation Act
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Takes effect immediately upon passage
Legislative Description
Authorizes funds in the New York state cannabis revenue fund to be used for reasonable costs of implementing track and tracing of product programs.
Last Action
REFERRED TO FINANCE
1/7/2026
Committee Referrals
Finance5/28/2025
Full Bill Text
No bill text available