Bill > S07641

This bill amends the New York State Tax Law to designate all taxes, interest, and penalties collected from the opioid excise tax to be specifically directed to the New York State Drug Treatment and Public Education Fund. Under the new provision, the state comptroller will be required to credit 100% of the collected funds to this specialized fund, after reserving a small amount for potential refunds or reimbursements. The bill effectively ensures that revenue generated from the opioid excise tax will be exclusively used for drug treatment programs and public education initiatives related to opioid use. By creating this direct funding mechanism, the legislation aims to support efforts to address the opioid epidemic by providing a dedicated and consistent funding source for treatment and prevention programs. The bill will take effect immediately upon enactment.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S7641