· NY legislature · 2025-2026

Establishes a cannabis processor tax credit

Establishes a cannabis processor tax credit; authorizes a tax credit that is the equivalent to the licensed processor's cannabis potency tax liability for the year two thousand twenty-three, multiplied by three, but shall not exceed four hundred thousand dollars.

Sponsor

Al Stirpe (D-NY)

Introduced

2025-05-05

Policy area

Taxation

Latest action

REFERRED TO WAYS AND MEANS