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Good news for NYS Brewers!

Raise a glass, Capital Region brewers and beer drinkers: State legislators and Gov. Andrew Cuomo reached a deal Wednesday to create new tax credits for beer production.

The agreement offsets the financial hit brewers were suffering after a state court struck down tax exemptions of the same value.  The new tax credits will apply to the first 500,000 barrels brewed in New York each year. Votes on the bill are expected next week.

Read the full story here: http://www.bizjournals.com/albany/blog/insider/2012/06/beer-albany-capit...