Senator Schumer pushes for tax breaks for small NY breweries - NEWS10 ABC: Albany, New York News, Weather, Sports

Senator Schumer pushes for tax breaks for small NY breweries

Senator Schumer pushes for tax breaks for small NY breweries

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CLIFTON PARK, N.Y. – A federal push plans to do to help build up homegrown breweries across New York.

Under legislation supported by Senator Chuck Schumer, excise tax on small breweries would be cut in half, bringing tax on one barrel from $7 down to $3.50.

Shmaltz Brewery in Clifton Park is a $4 million business that just opened its doors, and they say any little tax break could help.

"Its money we could use to grow the business and bring more people in to experience the business," said Shmaltz Brew master, Paul McErlean. "That savings per barrel would amount to $60,000 for us and we could hire another person or lab tech."

Or, he says, they could hire two new people in the tasting room.

"We are a $4 million brewery here, but it is still a small business. We employ 15 people and it would be great to employ 17 or 18 people."

In New York State alone, it is estimated that the beer industry directly supports approximately 8,000 jobs.

"With smaller breweries and craft businesses, it is good to give them options and different employees where everyone has different taste buds and flavors," said Chris Anderson, who recently moved from Long Island to work for Shmaltz.

Under this legislation, any brewery that brews fewer than 6 million barrels of beer per year would be eligible.

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