STATE OF NEW YORK
2021-2022 Regular Sessions
January 6, 2021
Introduced by M. of A. GOTTFRIED, STIRPE, ABINANTI, NIOU, CARROLL,
DINOWITZ, L. ROSENTHAL, LUPARDO, STECK, WEPRIN, SAYEGH, DARLING --
Multi-Sponsored by -- M. of A. COOK, DAVILA, SIMON -- read once and
referred to the Committee on Health
AN ACT to amend the public health law, in relation to requiring a study
of the implementation of medical marihuana in regards to banking, tax
revenue collection, and employment tax collection issues
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The public health law is amended by adding a new section
2 3369-f to read as follows:
3 § 3369-f. Study. 1. The commissioner is hereby authorized and directed
4 to study implementation of this title in regards to banking, tax revenue
5 collection, and employment tax collection issues.
6 2. Such study shall include, but not be limited to examining: the
7 method used by the department of taxation and finance to collect and
8 transfer money relating to the business of medical marihuana; the method
9 used by the regulating authorities to collect worker taxes, workers
10 compensation payments, and unemployment insurance contributions; and
11 banking opportunities for the registered organizations licensed pursuant
12 to section thirty-three hundred sixty-five of this title.
13 3. This study shall be conducted by a qualified entity with experience
14 in the regulatory implementation of and market for the medical marihuana
15 industry in other states with programs that have developed beyond that
16 of New York state.
17 4. Such study shall be completed and submitted to the legislature no
18 later than January sixteenth, two thousand twenty-two.
19 5. Nothing in this section shall be construed to delay implementation
20 of this title pending the outcome of this study.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 is old law to be omitted.
A. 40 2
1 § 2. This act shall take effect immediately; provided however that the
2 amendments made by section one of this act shall not affect the repeal
3 of title 5-A of article 33 of the public health law and shall be deemed
4 repealed therewith.