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Bill > S08749
NY S08749
NY S08749Relates to the timeframe for distributors of cannabis products to file tax returns.
summary
Introduced
01/08/2026
01/08/2026
In Committee
01/08/2026
01/08/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to the timeframe of distributors of cannabis products to file tax returns
AI Summary
This bill amends tax law in New York to change the deadline for distributors of cannabis products to file their tax returns. Previously, these returns were due on the 20th day of the month following each quarterly period, but this bill extends that deadline to the 50th day after each quarterly period ends. The quarterly periods end on the last day of February, May, August, and November. This change applies to taxes imposed under Article 495 of the tax law, which was added by a 2021 law. The bill takes effect immediately upon its passage.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS (on 01/08/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/S8749 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S08749&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S08749 |
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