- Last Updated: 7:19 AM, June 14, 2012
- Posted: 12:46 AM, June 14, 2012
ALBANY — State brewmeisters can celebrate with some Saranac beer crafted in the foothills of the Adirondacks or Brooklyn’s Monster Ale now that state officials have found a way to restore a tax break for craft beer brewers — and likely a price break for drinkers.
Gov. Cuomo and the Legislature not only restored a per-gallon tax exemption eliminated by a lawsuit from a rival Massachusetts brewer, but the package of laws announced yesterday will even allow farmers to sell craft beer at farmers’ markets.
Senate Majority Leader Dean Skelos (R-LI) said the agreement on the tax break for brewers won’t cost New Yorkers a dime. Instead, the state exemption of 12 cents per gallon and New York City exemption of 14 cents per gallon, which were struck down by the lawsuit, would be replaced an equivalent tax credit.
The bills are expected to be voted on by June 21.