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Bill > S02506


NY S02506

NY S02506
Establishes the addiction prevention and recovery act; increases taxes on alcohol by fifty percent; allocates the increased revenue to a special fund to be used for the purposes of alcohol and substance abuse addiction prevention and recovery services and programs.


summary

Introduced
01/21/2025
In Committee
01/21/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the tax law and the state finance law, in relation to enacting the addiction prevention and recovery act

AI Summary

This bill establishes the Addiction Prevention and Recovery Act, which increases state taxes on alcohol by 50% and creates a special fund to support alcohol and substance abuse prevention and recovery services. Specifically, the bill doubles the taxes on various alcoholic beverages, including beer, wine, and liquor, with the new tax rates ranging from 28 cents to three dollars per gallon or liter depending on the type of alcohol. Half of the revenues collected from these increased taxes will be allocated to a new "alcohol and substance abuse addiction prevention and recovery fund" established within the state finance law. The fund will be jointly managed by the state comptroller and tax commissioner, and the money will be equally divided between prevention and recovery programs. The bill requires the Office of Addiction Services and Supports to provide an annual report detailing how the funds were used, including information about awards, recipients, and purposes. The increased tax and new fund aim to generate additional resources to address alcohol and substance abuse issues in the state, with a focus on educational projects, prevention programs, and recovery services approved by the department of health. The act will take effect on the first of April following its passage.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

REFERRED TO BUDGET AND REVENUE (on 01/21/2025)

bill text


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