New legislation has been passed by the New York State Assembly that will give tax relief to small breweries and allow farms to grow, brew and sell locally made beer. The goal of this bill is to stimulate local growth and the local economy while also alleviating some strain put on craft brewers caused by a recently revoked tax law.
The new legislation will provide tax and fee relief by providing a tax credit or refund of 14 cents per gallon for New York brewers on the first 500,000 gallons produced within the state, and another 4.5 cents-per-gallon credit for the next 15.5 million gallons. In addition, the legislation provides an exemption from the labeling fees imposed on batches of fewer than 1,500 barrels.
“New York’s breweries are well on their way to becoming national and even international leaders in producing delicious craft beer,” said Assemblyman Sean Ryan. “Their rise means more jobs for New Yorkers when we most desperately need them. The Assembly is doing its part to boost small breweries so they can continue to grow and thrive.”
“When the Shelton Brothers lawsuit led to the rescinding of the tax exemption and label approval fee waiver, New York brewery owners large and small were understandably pretty upset,” said Ethan Cox, president of Community Beer Works, located here in Buffalo at 15 Lafayette Avenue. “Thankfully, the New York Brewer’s Association and specifically President Dave Katleski were incredibly quick to lobby the Assembly and craft legislation that would restore, in essence, the ability for NYS breweries to grow and foster economic activity in New York. I would like to thank Sean Ryan and the NYS Assembly and Senate for their willingness to support our industry–the reward will be obvious at the taps of our many craft beer bars and retailers.”
“We are helping create a whole new market for Western New York farms.” Ryan added. “This bill will not only boost tourism revenue throughout New York, but it will also keep our farms – the backbone of the state’s agricultural industry – viable.”