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New York policy

A8233: Establishes a cannabis processor tax credit

NY Assembly · Sponsor Albert A. Stirpe

Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
January 7, 2026

What it requires

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.

ny-stateassemblylegislationbill

Official source ↗

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