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S08575 Summary:
| BILL NO | S08575 |
| SAME AS | No Same As |
| SPONSOR | COONEY |
| COSPNSR | |
| MLTSPNSR | |
| Amd Cannabis L, generally; add Art 20-E §§500 - 500-f, amd §1115, Tax L; amd §99-ii, St Fin L | |
| Enacts the "hemp beverage and taxation act"; defines cannabinoid hemp beverage; prohibits the sale of cannabinoid hemp beverages to persons twenty-one years of age or older; provides requirements for the product or labeling of such products; provides for offenses for persons under the age of twenty-one years who purchase or attempt to purchase a cannabinoid hemp beverage through fraudulent means and persons who procure such beverages for persons under the age of twenty-one years; imposes advertising requirements; imposes a tax on cannabinoid hemp products; provides for the disbursement of revenues collected pursuant to Article 20-e of the Tax Law. | |