New York Senate bill in Session 2025-2026.
Status: in_committee. Latest action: January 7, 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.
| Date | Event | Detail |
|---|---|---|
| 2025-05-09 | Introduced | Bill introduced |
| 2026-01-07 | Status | in_committee |
| 2026-01-07 | Latest Action | In Senate Committee |