Amd §301, Ag & Mkts L; amd §2, Chap of 2024 (as proposed in S.1752 & A.1234)
Expands the definition of crops, livestock and livestock products to include cannabis when cultivated in accordance with the cannabis law; amends the effectiveness thereof.
NEW YORK STATE ASSEMBLY MEMORANDUM IN SUPPORT OF LEGISLATION submitted in accordance with Assembly Rule III, Sec 1(f)
BILL NUMBER: A417
SPONSOR: Lupardo TITLE OF BILL:
An act to amend the agriculture and markets law, in relation to expand-
ing the definition of crops, livestock and livestock products to include
cannabis; and amends a chapter of the laws of 2024 amending the agricul-
ture and markets law relating to expanding the definition of crops,
livestock and livestock products to include cannabis, as proposed in
legislative bills numbers S. 1752 and A. 1234, in relation to the effec-
tiveness thereof
PURPOSE OR GENERAL IDEA OF BILL:
The purpose of this legislation is to make technical clarifications to
Chapter 605 of the Laws of 2024.
SUMMARY OF PROVISIONS:
This bill would stipulate that cannabis, cultivated in accordance with
the cannabis law, qualifies as 'a crop under Agriculture and Markets
Law. This bill would also clarify that the underlying chapter shall have
been deemed be in full force and effect on and after January 1, 2024.
JUSTIFICATION:
This bill would amend Chapter 605 of the Laws of 2024 to provide for
technical clarifications that ensure only duly licensed cannabis farmers
qualify for benefits under Agriculture and Markets Law. This bill would
also provide that the underlying Chapter be deemed fully effective on
January 1, 2024. This would allow struggling cannabis farmers to claim a
full year of tax benefits that they are entitled to.
PRIOR LEGISLATIVE HISTORY:
New bill.
FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:
Undetermined.
EFFECTIVE DATE:
This act shall take effect immediately.
STATE OF NEW YORK
________________________________________________________________________
417
2025-2026 Regular Sessions
IN ASSEMBLY(Prefiled)
January 8, 2025
___________
Introduced by M. of A. LUPARDO -- read once and referred to the Commit-
tee on Agriculture
AN ACT to amend the agriculture and markets law, in relation to expand-
ing the definition of crops, livestock and livestock products to
include cannabis; and amends a chapter of the laws of 2024 amending
the agriculture and markets law relating to expanding the definition
of crops, livestock and livestock products to include cannabis, as
proposed in legislative bills numbers S. 1752 and A. 1234, in relation
to the effectiveness thereof
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Paragraph m of subdivision 2 of section 301 of the agricul-
2 ture and markets law, as added by a chapter of the laws of 2024 amending
3 the agriculture and markets law relating to expanding the definition of
4 crops, livestock and livestock products to include cannabis, as proposed
5 in legislative bills numbers S. 1752 and A. 1234, is amended to read as
6 follows:
7 m. Cannabis [as defined in section three of] when cultivated in
8 accordance with the cannabis law.
9 § 2. Section 2 of a chapter of the laws of 2024 amending the agricul-
10 ture and markets law relating to expanding the definition of crops,
11 livestock and livestock products to include cannabis, as proposed in
12 legislative bills numbers S. 1752 and A. 1234, is amended to read as
13 follows:
14 § 2. This act shall take effect immediately and shall be deemed to
15 have been in full force and effect on and after January 1, 2024.
16 § 3. This act shall take effect immediately; provided, however, that
17 section one of this act shall take effect on the same date and in the
18 same manner as a chapter of the laws of 2024 amending the agriculture
19 and markets law relating to expanding the definition of crops, livestock
20 and livestock products to include cannabis, as proposed in legislative
21 bills numbers S. 1752 and A. 1234, takes effect.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD02935-01-5
