S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3501
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 3, 2023
                                ___________
 
 Introduced  by M. of A. EPSTEIN, SIMON, TAYLOR -- read once and referred
   to the Committee on Ways and Means
 
 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
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Paragraph  (a) of subdivision 1 of section 424 of the tax
 law, as amended by section 1 of part X-1 of chapter 57 of  the  laws  of
 2009, is amended to read as follows:
   (a) [Fourteen] THIRTY cents per gallon upon beers;
   §  2.  Section 171-a of the tax law, as separately amended by chapters
 481 and 484 of the laws of 1981, is amended by adding a new  subdivision
 3 to read as follows:
   3.  NOTWITHSTANDING  SUBDIVISION  ONE  OF  THIS  SECTION  OR ANY OTHER
 PROVISION OF LAW TO THE CONTRARY, FIFTY PERCENT  OF  THE  TAXES  IMPOSED
 PURSUANT  TO  PARAGRAPH  (A)  OF SUBDIVISION ONE OF SECTION FOUR HUNDRED
 TWENTY-FOUR OF THIS CHAPTER, REDUCED BY  AN  AMOUNT  FOR  ADMINISTRATIVE
 COSTS,  SHALL  BE DEPOSITED, AS SUCH TAXES ARE RECEIVED, AS FOLLOWS: (A)
 HALF OF SUCH REVENUE SHALL BE DEPOSITED  TO  THE  CREDIT  OF  THE  STATE
 UNIVERSITY  OF NEW YORK; AND (B) HALF OF SUCH REVENUE SHALL BE DEPOSITED
 TO THE CREDIT OF THE CITY UNIVERSITY OF NEW YORK. THE AMOUNT FOR  ADMIN-
 ISTRATIVE  COSTS  SHALL  BE  DETERMINED BY THE COMMISSIONER TO REPRESENT
 REASONABLE COSTS OF THE DEPARTMENT OF TAXATION AND FINANCE  IN  ADMINIS-
 TERING,  COLLECTING,  DETERMINING  AND DISTRIBUTING SUCH TAXES.   OF THE
 TOTAL REVENUE COLLECTED OR RECEIVED UNDER SUCH SECTION OF THIS  CHAPTER,
 THE COMPTROLLER SHALL RETAIN IN HIS HANDS SUCH AMOUNT AS THE COMMISSION-
 ER  MAY  DETERMINE  TO  BE NECESSARY FOR REFUNDS OR REIMBURSEMENTS UNDER
 SUCH SECTION OF THIS CHAPTER OUT OF WHICH AMOUNT THE  COMPTROLLER  SHALL
 PAY  ANY  REFUNDS OR REIMBURSEMENTS TO WHICH TAXPAYERS SHALL BE ENTITLED
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02265-01-3
              

 A. 3501                             2
 
 UNDER PROVISIONS OF SUCH SECTION. THE COMMISSIONER AND  THE  COMPTROLLER
 SHALL  MAINTAIN  A  SYSTEM  OF  ACCOUNTS  SHOWING  THE AMOUNT OF REVENUE
 COLLECTED OR RECEIVED FROM EACH OF THE TAXES IMPOSED BY SUCH SECTION.
   §  3. This act shall take effect April 1, 2025. Effective immediately,
 the addition, amendment and/or repeal of any rule or  regulation  neces-
 sary  for  the  implementation  of  this  act  on its effective date are
 authorized to be made and completed on or before such effective date.