By Ivan Pereira / abcnews

Shortly after 10:30 p.m. Tuesday night, the New York State Assembly voted 100-49 to pass the marijuana legalization bill.

“Tonight, the New York State Legislature took the first step in a major leap forward for the Empire State by passing legislation to legalize adult-use cannabis,” he said in a statement. “For too long the prohibition of cannabis disproportionately targeted communities of color with harsh prison sentences and after years of hard work, this landmark legislation provides justice for long-marginalized communities, embraces a new industry that will grow the economy, and establishes substantial safety guards for the public.”

“New York has a storied history of being the progressive capital of the nation, and this important legislation will once again carry on that legacy,” he added. “I look forward to signing this legislation into law.”

Under the final legislation, 3 ounces of marijuana will be legal to possess for New Yorkers over 21 and the substance will have a 13% sales tax. The tax revenues will be broken up with 9% going to the state and 4% going to localities, according to the legislation.

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