NY A09925

Imposes an excise tax on distributors of sugary drinks at tiered rates based on sugar content: no tax on beverages with 7.5 grams or less of sugars per 12 fluid ounces; 1 cent per ounce on beverages with more than 7.5 grams but less than 30 grams of sugars per 12 fluid ounces; and 2 cents per ounce on beverages with 30 grams or more of sugars per 12 fluid ounces.

Applies the same tiered tax structure to syrups and powders based on the sugar content of beverages they produce, with volume calculated as the larger of either the manufacturer's instructions or actual retailer production.

Exempts from taxation beverages sweetened solely with non-nutritive sweeteners, 100% natural fruit or vegetable juice with no added sugars, milk-based beverages, coffee or tea without added sugars, infant formula, medical beverages, and water without added sugars.

Requires distributors and retailers to file quarterly returns (by March, June, October, and December) reporting quantities of taxable sugary drinks, syrups, and powders sold, along with remittance of taxes owed.

Establishes the children's health promotion fund to receive all collected revenues, with funds allocated to the Department of Health (20%), community-based obesity prevention programs (35%), medical weight management interventions (10%), and schools for nutrition and physical activity programs (35%).