2025-2026 Regular SessionNew York Legislature

A05647

Legislative Summary

Establishes the Cannabis Community Reinvestment Act; includes requirements for cannabis operators; includes the obligation to reinvest in communities disproportionately impacted by cannabis prohibition including, if applicable, the community such operator is located in; provides for the review of reinvestment plans by the department of financial services.

Demographic Impact

Overall analysis of equity impact

80% Positive
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Bill History

2/19/2025
referred to economic development
Assembly

Status Information

Current Status
Introduced(2/19/2025)
Chamber
Assembly
Committee
Economic Development, Job Creation, Commerce and Industry(Assembly)

Documents

Introduced
Bill Text2/19/20255.2 KB