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Bill > S00352
NY S00352
NY S00352Relates 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
01/04/2023
01/04/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 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 proposes to increase the taxes imposed on distributors of beers from 14 cents per gallon to 30 cents per gallon. It also directs that 50% of the revenue generated from these taxes be deposited to the credit of the State University of New York (SUNY) and the other 50% to the credit of the City University of New York (CUNY), after deducting administrative costs. The bill is set to take effect on April 1, 2025, and authorizes the necessary rules and regulations to be made and completed by that date.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
REFERRED TO BUDGET AND REVENUE (on 01/03/2024)
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/2023/S352 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S00352&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S00352 |
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