Shown verbatim: the complete text as captured from the official source posted by the New York State Senate, fetched 2026-08-11. Nothing is edited or removed. Where this bill amends existing law, language marked for deletion in the official source appears here in brackets. The official bill page.
S T A T E O F N E W Y O R K
________________________________________________________________________
8091
2025-2026 Regular Sessions
I N S E N A T E
May 15, 2025
___________
Introduced by Sen. COONEY -- read twice and ordered printed, and when
printed to be committed to the Committee on Investigations and Govern-
ment Operations
AN ACT to amend the tax law, in relation to the timeframe of distribu-
tors of cannabis products to file tax returns
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision (a) of section 495 of the tax law, as added by
chapter 92 of the laws of 2021, is amended to read as follows:
(a) Every person on whom tax is imposed under this article shall, on
or before the [twentieth] FIFTIETH day [of the month following] AFTER
each quarterly period ending on the last day of February, May, August,
and November, respectively, file electronically with the commissioner a
return on forms to be prescribed by the commissioner, showing the total
amount of tax due in such quarterly period, and including such other
information as the commissioner may require.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01105-06-5Every fact on this page links to its source, starting with the official bill record.