Increases taxes on alcoholic beverages and allocates 20% of tax revenues to the New York state drug treatment and public education fund.

New York S04595 amends the tax law to increase taxes on various alcoholic beverages, including beers, still wines, and artificially carbonated sparkling wines. The bill also allocates 20% of the tax revenues collected from these taxes to the New York state drug treatment and public education fund. This fund is established under the state finance law and aims to support drug treatment and public education initiatives. The changes in tax rates are specified in the bill, with different rates applied based on the alcohol content of the beverages.

Increases taxes on alcoholic beverages and allocates 20% of tax revenues to the New York state drug treatment and public education fund.

New York S04595 amends the tax law to increase taxes on various alcoholic beverages, including beers, still wines, and artificially carbonated sparkling wines. The bill also allocates 20% of the tax revenues collected from these taxes to the New York state drug treatment and public education fund. This fund is established under the state finance law and aims to support drug treatment and public education initiatives. The changes in tax rates are specified in the bill, with different rates applied based on the alcohol content of the beverages.