Assembly Bill A7694

2023-2024 Legislative Session

Expands who can hold membership in an adult-use cooperative license

download bill text pdf

Sponsored By

Current Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2023-A7694 (ACTIVE) - Details

See Senate Version of this Bill:
S7504
Current Committee:
Assembly Economic Development
Law Section:
Cannabis Law
Laws Affected:
Amd §70, Cannabis L

2023-A7694 (ACTIVE) - Summary

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

2023-A7694 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7694
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               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:

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

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