Bill Text: NY A07694 | 2023-2024 | General Assembly | Introduced

New York Assembly Bill 7694

Introduced

Bill Title: Expands who can hold membership in a licensed adult-use cooperative to include persons other than natural persons.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-01-03 - referred to economic development [A07694 Detail]

Download: New_York-2023-A07694-Introduced.html




                STATE OF NEW YORK
        ________________________________________________________________________

                                          7694

                               2023-2024 Regular Sessions

                   IN ASSEMBLY

                                      June 6, 2023
                                       ___________

        Introduced by M. of A. DINOWITZ -- read once and referred to the Commit-
          tee on Economic Development

        AN  ACT to amend the cannabis law, in relation to expanding who can hold
          membership in an adult-use cooperative license

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1. Subdivision 3 of section 70 of the cannabis law is amended
     2  to read as follows:
     3    3. A cooperative member [shall be a natural person and] shall not be a
     4  member of more than one adult-use cooperative licensed pursuant to  this
     5  section.
     6    § 2. This act shall take effect immediately.







         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11701-01-3