Among the proposals given tentative approval Tuesday is the creation of a $ 100 million surcharge
on opioid manufacturers and distributors that would go to a dedicated fund for treatment and prevention efforts to address the prescription drug addiction problem.
Among Cuomo's proposals to increase revenue for his $ 168 billion budget were new surcharges
on opioid manufacturers, a deferral on some corporate tax credits and a plan to close the carried interest loophole.
In the end, Cuomo got the optional payroll tax and the tax
on opioid manufacturers, although lawmakers are calling it a «stewardship» and not a tax.
New York lawmakers inched closer to a deal on a new state budget Thursday that includes a tax
on opioid manufacturers, surcharges on taxi and Uber rides in Manhattan and a new, uniform sexual harassment policy for government workers.
OPIOID TAX: Cuomo's call for a 2 - cent - per - milligram tax
on opioid manufacturers is running into opposition among Republican lawmakers.
A surcharge on Uber and taxi rides in Manhattan, a tax
on opioid manufacturers and a new sexual harassment policy were all up for consideration Wednesday as New York lawmakers and Gov. Andrew Cuomo work to pass a new state budget before a key Sunday deadline.
Cuomo had initially proposed $ 1 billion in new taxes and fees including a 2 - cent per - per - milligram tax
on opioid manufacturers.
A new fee
on opioid manufacturers is projected to raise $ 100 million annually for efforts to combat the opiate epidemic.
ALBANY, N.Y. (WBEN / AP)-- New York lawmakers inched closer to a deal on a new state budget Thursday that includes a tax
on opioid manufacturers, surcharges on taxi and Uber rides in Manhattan and a new, uniform sexual harassment policy for government workers.
The agreement contains one new tax, a fee
on opioid manufacturers and distributors intended to fund efforts to combat addiction.
Though the Senate Republicans have repeatedly insisted they would not accept any of the new taxes and / or fees proposed by the governor in the state budget, the final deal is likely to include a tax
on opioid manufacturers, surcharges on taxi and Uber rides in Manhattan and also a new, uniform sexual harassment policy for government workers.
Not exact matches
CVS, for example, began limiting prescriptions to seven days and prioritizing lower - dose drugs, and a number of legal complaints have been leveled against
opioid manufacturers, who have been accused of using misleading marketing tactics that may have caused more patients to get hooked
on potentially addicting painkillers.
ICCR joins $ 1.3 trillion investor coaltion, formed to press distributors and
manufacturers on the
opioid crisis.
April 18 Kentucky's attorney general
on Wednesday sued Johnson & Johnson, accusing the pharmaceutical
manufacturer of devising a deceptive marketing scheme that mischaracterized the risk of
opioid abuse and addiction.
With two weeks until state lawmakers vote
on the budget, criticism is mounting over Cuomo's proposed «
opioid epidemic surcharge» that is designed to penalize opiate
manufacturers and generate new funding to help combat the crisis.
Cuomo also announced plans to sue
opioid manufacturers for allegedly violating rules
on the monitoring and reporting of suspicious drug shipments.
Cecchi was named an attorney
on a major class action against
opioid manufacturers and distributors earlier this month.
As proposed by Cuomo, that contingency fund would filled with proceeds from converting non-profit healthcare companies to for - profit status, along with new taxes
on health insurers and
opioid manufacturers.
We would have an
opioid surcharge, 2 cents per milligram will be paid by the
manufacturer and would go to offset the costs that we're spending to fight
opioid abuse,» Cuomo said
on January 16.
--
Opioid epidemic surcharge ($ 127 million): With New York among the states hit hardest by the heroin and painkiller addiction epidemic, Cuomo is looking to place a 2 - cents - per - milligram tax
on opioids sold in the state, to be paid by drug
manufacturers.
People who use ride - hailing services and taxi cabs below 96th Street in Manhattan will see a surcharge
on their rides that will bring in more than $ 400 million annually, while
opioid manufacturers, all but certain to pass
on the costs ultimately to consumers, will see an assessment
on those prescription drugs that they sell in New York; it will raise $ 100 million.
Erie County Attorney Michael Siragusa said he has been working with an outside law firm since November to craft a suit holding drug
manufacturers accountable for the painful toll the
opioid and heroin epidemic has had
on the region.
Republicans in the state Senate huddled for hours in private at the Capitol Thursday afternoon, emerging to say little, other than that a tax
on prescription drug
manufacturers in order to combat the
opioid epidemic remains
on the negotiating table.
But the final agreement does include a tax
on prescription drug
manufacturers, with the revenue earmarked to combat
opioid and heroin addiction.
Rockland County Executive Ed Day Announces Litigation Against
Opioid Manufacturers added by rctadmin
on August 3, 2017 View all posts by rctadmin →
The 2 cent tax per milligram of active
opioid ingredient
on pills would be levied
on drug
manufacturers.
We would have an
opioid surcharge, 2 cents per milligram will be paid by the
manufacturer and would go to offset the costs that we're spending to fight
opioid abuse,» Cuomo said
on January 16th.
On average, doctors whose
opioid prescription volume ranked among the top 5 % nationally received twice as much money from the
opioid manufacturers, compared with doctors whose prescription volume was in the median.
Pharmaceutical
manufacturers or distributors should pay a gross receipts tax
on opioid medications that can be passed up the chain.
The lawyers at The Cochran Firm — Dothan are already engaged in complex litigations against the
opioid manufacturers and distributors
on behalf of local governments (cities and counties) for fraud and public nuisance.