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NY S08264

Bill

Status

Introduced

5/28/2025

Primary Sponsor

Michelle Hinchey

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • Amends the State Finance Law (section 99-ii) to expand permitted uses of the New York State Cannabis Revenue Fund

  • Explicitly authorizes the Office of Cannabis Management and Cannabis Control Board to use fund revenues for implementing track and tracing of product programs

  • Track and trace costs are added to the existing category of "reasonable costs" for implementing, administering, and enforcing the Marihuana Regulation and Taxation Act

  • 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