What's happening
This bill creates a tax credit for New York wineries, breweries, and distilleries for bottling, packaging, and labeling expenses.
Why it matters
Direct support for small and mid-sized local producers. By limiting eligibility to breweries producing 60 million gallons or fewer per year, the bill targets independent and craft producers, helping them compete with larger corporations and potentially preserving local jobs and businesses.
Reduces operating costs for New York beverage makers. Allowing credits for expenses on bottles, cases, corks, and labels addresses major recurring costs, freeing up resources for investment in quality, marketing, or expansion.
Encourages growth and innovation in New York’s beverage industry. Lower financial barriers for bottling and packaging may help new or smaller wineries, breweries, and distilleries enter the market or introduce new products, contributing to a more dynamic and diverse industry.
Potential economic ripple effect. By boosting the competitiveness and sustainability of local beverage producers, the bill could have positive downstream effects on related sectors—such as agriculture (grape, barley, and hop growers), packaging suppliers, and tourism tied to tasting rooms and brewery/distillery visits.
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Who cares
Headline styles
Tax Credit for Beverage Packaging
Plain English, a few words. Used as the page title.
Sponsors
History
- Held for consideration in ways and means
- Referred to ways and means
- Referred to ways and means
Full text
2 pagesUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
3473
2019-2020 Regular Sessions
IN ASSEMBLY
January 29, 2019
Introduced by M. of A. KOLB, GIGLIO, RAIA, MONTESANO, RYAN, NORRIS -read once and referred to the Committee on Ways and Means
AN ACT to amend the tax law, in relation to providing for a credit against the personal income tax and the franchise tax on corporations for certain bottling, packaging and labelling expenses of wineries, breweries and distilleries
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Section 210-B of the tax law is amended by adding a new subdivision 53 to read as follows:
53. (a) A taxpayer shall be allowed a credit against the tax imposed by this article equal to the amount actually expended on and after January first, two thousand nineteen for cases, bottles, carafes or other containers in which wine, liquor, or beer produced for resale is packaged and for corks and labels used in and on such containers; provided such taxpayer is licensed as a winery, distillery, or brewery pursuant to the provisions of section seventy-six, sixty-one or fifty-one of the alcoholic beverage control law; provided that this subdivision only applies to brewers that produce sixty million or fewer gallons of beer in this state.
(b) In no event shall the credit herein provided for be allowed in an amount which will reduce the tax payable to less than the minimum fixed by paragraph (d) of subdivision one of section two hundred ten of this article. If, however, the amount of credit allowable under this subdivision for any taxable year reduces the tax to such amount, any amount of credit not deductible in such taxable year may be carried over to the following year or years and may be deducted from the taxpayer's tax for such year or years.
§ 2. Section 606 of the tax law is amended by adding a new subsection (jjj) to read as follows:
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04300-01-9
A. 3473 2
(jjj) (1) A taxpayer shall be allowed a credit against the tax imposed by this article equal to the amount actually expended on and after January first, two thousand nineteen for cases, bottles, carafes or other containers in which wine, liquor or beer produced for resale is packaged and for corks and labels used in and on such containers; provided such taxpayer is licensed as a winery, distillery or brewery pursuant to the provisions of section seventy-six, sixty-one or fifty-one of the alcoholic beverage control law; provided that this subsection shall only apply to breweries that produce sixty million gallons of beer or fewer in this state.
(2) In no event shall the amount of the credit herein provided for be allowed in excess of the taxpayer's tax for such year. However, if the amount of credit otherwise allowable under this subsection for any taxable year results in such excess amount, any amount of credit not deductible in such taxable year may be carried over to the following year or years and may be deducted from the taxpayer's tax for such year or years.
§ 3. This act shall take effect immediately.
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.