STATE OF NEW YORK
________________________________________________________________________
8264
2025-2026 Regular Sessions
IN SENATE
May 28, 2025
___________
Introduced by Sen. HINCHEY -- read twice and ordered printed, and when
printed to be committed to the Committee on Finance
AN ACT to amend the state finance law, in relation to the usage of funds
in the New York state cannabis revenue fund
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Paragraph (b) of subdivision 3 of section 99-ii of the
2 state finance law, as added by chapter 92 of the laws of 2021, is
3 amended to read as follows:
4 (b) Reasonable costs incurred by the office of cannabis management and
5 the cannabis control board for implementing, administering, and enforc-
6 ing the marihuana regulation and taxation act, including, but not limit-
7 ed to, the cost of implementing track and tracing of product programs.
8 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD10699-02-5
