New York legislators announce bill to bring back in-state brewer tax exemptions
State lawmakers announced Sunday a bill that would partially solve the problem, giving New York’s craft brewers—those that produce less than 6 million barrels a year—a 14 cent per gallon tax credit on the first 200,000 barrels produced. […] The state excise tax exemption was part of the reason the number of craft breweries in New York had ballooned from the 48 to 89 in the past nine years, with 41 more in the planning stages, said state Sen. Daniel Squadron, a New York City Democrat.
via WSJ.com.
