SSB Tax Initiative Fails in Santa Fe

Shook, Hardy & Bacon L.L.P.
May 5, 2017

Voters in Santa Fe, New Mexico, rejected a sugar-sweetened beverage (SSB) tax initiative that would have raised the price of SSBs by 2 cents per ounce. Political action committees, industry groups and advocacy organizations reportedly spent $3.25 million on the vote. Campaign finance reports show that Michael Bloomberg, who began his campaign for SSB taxes and portion caps during his term as mayor of New York City, contributed $1 million to a pro-tax committee.

Issue 633

Categories: Issue 633, Legislation, Regulations and Standards
Tags: New Mexico, SSB, tax

About The Author

Shook, Hardy & Bacon L.L.P.

For decades, manufacturers, distributors and retailers at every link in the food chain have come to Shook, Hardy & Bacon to partner with a legal team that understands the issues they face in today's evolving food production industry. Shook attorneys work with some of the world's largest food, beverage and agribusiness companies to establish preventative measures, conduct internal audits, develop public relations strategies, and advance tort reform initiatives.

SSB Tax Initiative Fails in Santa Fe

About The Author

Shook, Hardy & Bacon L.L.P.

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