Repeals the excise tax on medical cannabis and the medical cannabis trust fund
S 3135 repeals the excise tax on medical cannabis sales and eliminates the medical cannabis trust fund established under state law. This bill removes a tax obligation for medical cannabis businesses and ends the dedicated funding stream for the trust fund. The repeal takes effect immediately upon enactment, impacting both the tax structure for this industry and the state's management of related trust fund resources.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 23, 2025
Last action Jan 7, 2026
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO BUDGET AND REVENUE
upper
Jan 23, 2025
Committee
REFERRED TO BUDGET AND REVENUE
upper
1 primary · 2 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jeremy Cooney
DDemocratic/Working Families
Co
Jessica Scarcella-Spanton
DDemocratic
Co
Leroy Comrie
DDemocratic
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