S03135
IntroducedNYRepeals the excise tax on medical cannabis and the medical cannabis trust fund.
New York · Session 2025
Status
Introduced
As of Jan 23, 2025
Last Action
REFERRED TO BUDGET AND REVENUE
Official Source
Official Full Bill TextSummary
A New York bill referred to the Budget and Revenue Committee would repeal the excise tax on medical cannabis and eliminate the associated medical cannabis trust fund. Repeal of the excise tax could reduce costs for medical cannabis businesses and potentially lower prices for patients purchasing medical cannabis products.
What
A New York bill referred to the Budget and Revenue Committee would repeal the excise tax on medical cannabis and eliminate the associated medical cannabis trust fund.
Who
retailers and cultivators and patients
Why
Repeal of the excise tax could reduce costs for medical cannabis businesses and potentially lower prices for patients purchasing medical cannabis products.
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LEGISLATIVE DATA PROVIDED BY LEGISCAN · LICENSED UNDER CC BY 4.0 · UPDATED Aug 18, 2026