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New York State Given Federal Go-ahead to Collect $200 Million Tax to Combat Opioid Addiction Epidemic

Under the Opioid Stewardship Act, signed by Democratic Governor Andrew Cuomo in 2018, New York State was owed $200 million from back taxes. This was the first time such a law was imposed by any state, and the tax is meant to cover the costs of the epidemic caused by Opioid Addiction in the state. Recently the law was struck down by the 2nd U.S. Circuit Court of Appeals. However, the federal appeals court ruled on Monday that the court lacked the authority to strike down the annual requirement imposed on the companies to pay $100 million collectively. Companies will

New York State Given Federal Go-ahead to Collect $200 Million Tax to Combat Opioid Addiction Epidemic
Jacob Maslow



This post first appeared on Legal Scoops, please read the originial post: here

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New York State Given Federal Go-ahead to Collect $200 Million Tax to Combat Opioid Addiction Epidemic

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