Bill
Bill > S01909
NY S01909
NY S01909Relates 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
01/16/2021
01/16/2021
In Committee
01/05/2022
01/05/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 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 New York Tax Law to increase the taxes imposed on distributors of beer from $0.14 per gallon to $0.30 per gallon. The additional revenue generated from this tax increase will be deposited into the State University of New York (SUNY) and the City University of New York (CUNY) systems, with half of the revenue going to each university system. The bill also authorizes the necessary rules and regulations to be made and completed by the effective date of April 1, 2023.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
REFERRED TO BUDGET AND REVENUE (on 01/05/2022)
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/2021/S1909 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S01909&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S01909 |
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