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Sponsors
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History
- Reported referred to rules
- Referred to ways and means
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to the record-keeping requirements for brand owners
In Assembly Committee · Ways And Means · Sponsor Craig M. Johnson
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:A9815
Title of bill
An act to amend the tax law, in relation to the tax imposed upon alcoholic beverages
Purpose of the bill
To create an audit trail and inventory control process in order to significantly reduce or eliminate tax avoidance.
Summary of specific provisions
§ 1- Amends subdivision 16 of § 420 of the Tax Law by defining a "brand owner" as any person who is a manufacturer of any liquor or wine for which a brand or trade name label has been registered with and approved by the State Liquor Authority or by the Alcohol and Tobacco Tax Trade Bureau.
§ 2- Amends § 426 of the Tax Law by creating a "primary source" law.
§ 3- Effective date.
Justification
Currently, New York State does not have a stand-alone primary source law. Instead, New York achieves some degree of the benefits of a primary source law through its brand label registration and price posting systems. The recently released final report from the New York State Law Revision Commission, which was charged with the job of reviewing the Alcoholic Beverage Control Law and its administration by the State Liquor Authority, recommended that the ABC Law be amended to include a freestanding primary source law.
An economic analysis of a primary source law estimates the state could gain up to $39 million annually in state sales and excise taxes. Additionally, a primary source law would give the state the ability to completely audit the wine and liquor sales chain to accurately track any unpaid taxes.
Prior legislative history
New bill.
Fiscal implications
To be determined.
Effective date
This act shall take effect on the ninetieth day after it shall have become law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.