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Bill > S06808


NY S06808

NY S06808
Relates 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
03/24/2025
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 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 increases the tax on beer distributors from fourteen to thirty cents per gallon and mandates that the revenue generated from this tax increase be split equally between the State University of New York (SUNY) and the City University of New York (CUNY). Specifically, the bill modifies the existing tax law to raise the per-gallon tax rate and creates a new provision requiring that half of the tax revenue (after deducting administrative costs) be credited to SUNY and the other half to CUNY. The New York State Department of Taxation and Finance will determine the appropriate administrative costs, and the state comptroller will manage the revenue collection, ensuring proper allocation and maintaining detailed accounts of the tax revenue. The bill is set to take effect on April 1, 2027, with provisions allowing for immediate preparation of necessary rules and regulations to implement the tax change.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

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

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