New York Cannabis Regulation And Taxation Act
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The Cannabis Regulation and Taxation Act was a bill under consideration by the
New York State Legislature The New York State Legislature consists of the Bicameralism, two houses that act as the State legislature (United States), state legislature of the U.S. state of New York (state), New York: the New York State Senate and the New York State Assem ...
during the 2020–2021 session to legalize cannabis. It was contained in Part H of the revenue bills embodying Governor
Andrew Cuomo Andrew Mark Cuomo ( , ; born December 6, 1957) is an American politician and lawyer who served as the 56th governor of New York from 2011 until his resignation in 2021. A member of the Democratic Party and son of former governor Mario Cuomo, ...
's budget proposal, A3009 and S2509. Legislation to legalize marijuana in the 2021 session was ultimately approved independent of the budget process as the Marijuana Regulation and Taxation Act.


History

Cannabis possession was decriminalized in New York in 2019 but without any framework for regulated sales or legal possession. The Marijuana Regulation and Taxation Act, a 2019 bill that would have legalized cannabis in the state (and prior bills as early as 2013), failed. The Cannabis Regulation and Taxation Act was proposed by the governor on January 19, 2021 as part of the state budget. State senator
Liz Krueger Elizabeth Krueger (born November 20, 1957) is an American politician. A Democrat, she represents District 28, consisting of the East Side of Manhattan, in the New York State Senate. She was first elected in a special election in 2002. Backgro ...
had pre-filed a competing bill on January 6, the "Marihuana Regulation and Taxation Act", that would also legalize cannabis in the state.


Provisions, revenue and administration

The act creates the Office of Cannabis Management (OCM) within the Division of Alcohol Beverage Control, a licensing regime with
social equity Social equity is concerned with justice and Social justice, fairness of social policy based on the principle of substantive equality. Since the 1960s, the concept of social equity has been used in a variety of institutional contexts, including ed ...
provisions, and legalizes cannabis for adult use. Tax revenue under the act for the state is estimated in the governor's budget proposal to be at least $350 million annually.


Support and opposition

The president of Monroe County Police Chiefs Association said that under the proposed regulatory regime, illegal, unregulated sales would increase because " nregulatedmarijuana is cheaper than going to the state’s marijuana dispensary".


See also

* List of 2021 United States cannabis reform proposals * La Guardia Committee


References


Further reading

* *


External links


Text of 2021 revenue bill
(A3009), New York state assembly {{Cannabis in New York 2021 cannabis law reform Cannabis in New York (state) Proposed laws of the United States