Senate BillIntroduced
S 8264: Authorizes funds in the New York state cannabis revenue fund to be used for reasonable costs of implementing track and tracing of product programs.
What S 8264 does, verified February 6, 2026
The bill aims to amend the state finance law to clarify the usage of funds in the New York State Cannabis Revenue Fund. It updates the definition of reasonable costs incurred by the Office of Cannabis Management and the Cannabis Control Board to include the cost of implementing track and tracing of product programs. The changes take effect immediately, allowing for more efficient management of the fund and better oversight of cannabis-related expenses.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: REFERRED TO FINANCE (2026-01-07)Alert me
Quick answers about S 8264
- What is the current status of S 8264?
- As of February 6, 2026, S 8264 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on January 7, 2026, was "REFERRED TO FINANCE".
- Did S 8264 pass?
- Not yet. S 8264 has been introduced and has not passed either house.
- Who wrote S 8264, and where is it now?
- S 8264 was authored by Sen. Michelle Hinchey with 1 coauthor. Its committee of record is Senate Finance.
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions2 total · showing 2
| Jan. 07, 2026 | REFERRED TO FINANCE |
| May. 28, 2025 | REFERRED TO FINANCE |
Latest bill textIntroduced version, May 28, 2025 · 193 words
STATE OF NEW YORK ________________________________________________________________________ 8264 2025-2026 Regular Sessions IN SENATE May 28, 2025 ___________ Introduced by Sen. HINCHEY -- read twice and ordered printed, and when printed to be committed to the Committee on Finance AN ACT to amend the state finance law, in relation to the usage of funds in the New York state cannabis revenue fund The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph (b) of subdivision 3 of section 99-ii of the 2 state finance law, as added by chapter 92 of the laws of 2021, is 3 amended to read as follows: 4 (b) Reasonable costs incurred by the office of cannabis management and 5 the cannabis control board for implementing, administering, and enforc- 6 ing the marihuana regulation and taxation act, including, but not limit- 7 ed to, the cost of implementing track and tracing of product programs. 8 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD10699-02-5
Text of S 8264 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions