Relates to the timeframe for distributors of cannabis products to file tax returns

Latest action Dec 5, 2025

Relates to the timeframe for distributors of cannabis products to file tax returns.

Not chosen yet

Where it stands

Rejected by the executive.

Introduced
In committee
Up for a vote
Passed one chamber
Passed
Enacted

Vetoed

New York State Senate

Same as A5496, the matching bill in the Assembly.

Amends the Tax Law.

Committee

Investigations And Government Operations · New York State Senate

Also referred to Ways and Means · New York State Assembly.

Purpose, from the sponsor's memo

Section 1: Subdivision (a) of section 495 of the tax law is amended. Section 2: Establishes the effective date.

Filed with the bill. Read it on nysenate.gov (opens in a new tab)

Recorded votes

Vote: Floor vote
NY SenateJun 11, 2025Result: passed
(38) (21) (0) (4)
Vote: Committee vote · Rules
Senate RulesJun 4, 2025Result: passed
(18) (2) (0) (1)

Cosponsors

Albert A. Stirpe and Crystal Peoples-Stokes

Democratic2

See the full list on nysenate.gov

The sponsor's argument

Why Jeremy Cooney says this is needed

Under current law, the cannabis excise tax is paid quarterly by cannabis cultivators and processors to the NYS Department of Taxation and Finance. This excise tax payment schedule creates situations where prod- uct producers and processors often owe taxes before the product is sold to consumers. This legislation changes the tax collection payment sched- ule by allowing the filing of tax forms up to fifty days after each quarterly period. The slow opening of cannabis dispensaries, due to multiple factors, has created a backlog of products on processors shelves, which have yet to be sent or sold to retailers, yet the tax is still owed.

This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.

Full history

Dec 5, 2025
Vetoed
VETOED MEMO.97
NY Senate
Dec 1, 2025
Sent to the executive
DELIVERED TO GOVERNOR
NY Senate
Jun 17, 2025
Passed a chamber
PASSED ASSEMBLY
NY Assembly
Jun 17, 2025
Returned to Senate
RETURNED TO SENATE
NY Assembly
Jun 16, 2025
Reported out of committee
REPORTED REFERRED TO RULES
NY Assembly

Show full history (10 earlier events)

Jun 16, 2025
Rules Report CAL.791
RULES REPORT CAL.791
NY Assembly
Jun 16, 2025
Substituted
SUBSTITUTED BY S8091
NY Assembly
Jun 11, 2025
Sent to the executive
DELIVERED TO ASSEMBLY
NY Senate
Jun 11, 2025
Passed a chamber
PASSED SENATE
NY Senate
Jun 11, 2025
Referred to committee
REFERRED TO WAYS AND MEANS
NY Assembly
Jun 4, 2025
In committee
COMMITTEE DISCHARGED AND COMMITTED TO RULES
NY Senate
Jun 4, 2025
Ordered to Third Reading CAL.1567
ORDERED TO THIRD READING CAL.1567
NY Senate
May 15, 2025
Referred to committee
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
NY Senate
May 12, 2025
Amend (t) and Recommit to Ways and Means
AMEND (T) AND RECOMMIT TO WAYS AND MEANS
NY Assembly
Feb 14, 2025
Referred to committee
REFERRED TO WAYS AND MEANS
NY Assembly

About this record

Summary: The summary comes from NY Open Legislation, the New York State Senate's public record. For more, see How we handle summaries.
Cosponsors: The list shows the cosponsors who are on Agora, A to Z. The official record may list more.
Party colors: Parties are shown in the same neutral colors.
Source: From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 22, 2026. About our data

Read the record

Read on NY Senate (opens in a new tab) The official record on nysenate.gov.

Your position