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Bill > S04595


NY S04595

NY S04595
Establishes an excise tax on alcoholic beverages to be imposed on persons who sell alcoholic beverages on the premises or off the premises at retail; directs revenue from such tax to be deposited into the New York state drug treatment and public education fund.


summary

Introduced
02/10/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to establishing an excise tax on alcoholic beverages

AI Summary

This bill establishes a new 5% excise tax on alcoholic beverage sales at both on-premises (like bars and restaurants) and off-premises (like liquor stores) retail locations in New York State. The tax will be imposed on the seller at the time of each sale and will be in addition to any existing taxes. The revenue generated from this new tax will be specifically directed to the New York State Drug Treatment and Public Education Fund, a dedicated fund created to support drug-related treatment programs and public awareness initiatives. All taxes, interest, and penalties collected through this new tax will be paid by the state comptroller into this fund, after reserving a small amount for potential refunds or reimbursements. This legislation aims to create a new funding source for drug treatment and education efforts by leveraging a small additional charge on alcohol sales, with the tax taking effect immediately upon passage.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

REFERRED TO BUDGET AND REVENUE (on 01/07/2026)

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