Bill
Bill > A08915
NY A08915
NY A08915Relates to increasing the taxes imposed on distributors of beers and to directing revenue generated from such taxes be deposited to the credit of SUNY and CUNY; increases such taxes to thirty cents per gallon.
summary
Introduced
12/30/2019
12/30/2019
In Committee
01/08/2020
01/08/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
2019-2020 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to increasing the taxes imposed on distributors of beers and to directing revenue generated from such taxes to be deposited to the credit of the state university of New York and the city university of New York
AI Summary
This bill amends the tax law to increase the taxes imposed on distributors of beer from $0.14 per gallon to $0.30 per gallon. The revenue generated from this tax increase will be deposited equally to the credit of the State University of New York (SUNY) and the City University of New York (CUNY), after deducting a portion for administrative costs. The bill is set to take effect on April 1, 2021, and provides for the immediate addition, amendment, or repeal of any necessary rules or regulations to implement the bill on its effective date.
Committee Categories
Budget and Finance
Sponsors (8)
Harvey Epstein (D)*,
Mathylde Frontus (D)*,
Michael Blake (D),
Anthony D'Urso (D),
Richard Gottfried (D),
Walter Mosley (D),
Jo Anne Simon (D),
Al Taylor (D),
Last Action
referred to ways and means (on 01/08/2020)
Official Document
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