(CRAIN'S NEW YORK BUSINESS) Beer and college often go together. But doubling New York’s beer tax to benefit higher education is up for debate.
A bill that would boost the levy to help the State University of New York system and its New York City counterpart gained ground this week as a Manhattan assembly member who proposed the increase on Dec. 30 was joined by a senate sponsor. Backers will push for support in the new legislative session that began Wednesday, while the burgeoning craft brew industry vows to lobby against the move.
“Three cents a bottle could go to higher education,” said Harvey Epstein, the Democrat who proposed the bill. “It’s a critical source of revenue.”
Advertisement - story continues below