New York S02506 increases alcohol taxes by 50% and allocates the revenue to a fund for alcohol and substance abuse prevention and recovery services.
The New York S02506 bill, known as the "addiction prevention and recovery act," raises taxes on alcohol by 50%. The increased revenue will be directed to a special fund, the "alcohol and substance abuse addiction prevention and recovery fund," managed jointly by the comptroller and the commissioner of taxation and finance. This fund will support alcohol and substance abuse addiction prevention and recovery services and programs. Half of the collected taxes will be allocated to prevention efforts, and the other half to recovery services.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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