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NY S07641

Bill

Official Source

Status

Introduced

4/24/2025

Primary Sponsor

Nathalia Fernandez

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • Amends Tax Law Section 498 to direct 100% of opioid excise tax revenue, including interest and penalties, to the New York State Drug Treatment and Public Education Fund

  • Requires the comptroller to deposit collected funds into the fund after reserving amounts needed for refunds or reimbursements

  • Revenue will be deposited pursuant to Tax Law Section 171-a provisions

  • Takes effect immediately upon passage

Legislative Description

Designates all taxes, interest and penalties collected by the opioid excise tax for the New York state drug treatment and public education fund.

Last Action

REPORTED AND COMMITTED TO FINANCE

2/10/2026

Committee Referrals

Finance2/10/2026
Budget and Revenue4/24/2025

Full Bill Text

No bill text available