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A07694 Summary:

BILL NO	A07694
SAME AS	SAME AS S07504
SPONSOR	Dinowitz
COSPNSR
MLTSPNSR
Amd 70, Cannabis L
Expands who can hold membership in a licensed adult-use cooperative to include persons other than natural persons.

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A07694 Actions:

BILL NO	A07694
06/06/2023	referred to economic development
01/03/2024	referred to economic development

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A07694 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          7694
 
                               2023-2024 Regular Sessions
 
                   IN ASSEMBLY
 
                                      June 6, 2023
                                       ___________
 
        Introduced by M. of A. DINOWITZ -- read once and referred to the Commit-
          tee on Economic Development
 
        AN  ACT to amend the cannabis law, in relation to expanding who can hold
          membership in an adult-use cooperative license
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1. Subdivision 3 of section 70 of the cannabis law is amended
     2  to read as follows:
     3    3. A cooperative member [shall be a natural person and] shall not be a
     4  member of more than one adult-use cooperative licensed pursuant to  this
     5  section.
     6    § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11701-01-3

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