· 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

Chris Ryan (D-NY)

Introduced

2025-05-09

Latest action

REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS