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Tax break for micro-breweries in the works

8:06 AM, Jul 6, 2012   |    comments
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Thomas Hooker Brewery in Connecticut produces about 12,000 bottles of beer a year. The Bloomfield, Conn. business is popular but is constantly competing with the big guys.

"You could make the best beer in the world, but if you can't get it out to the public, it doesn't mean anything," Curt Cameron, with Hooker Brewey, said.

A new law could make the beer business a bit smoother for places like Hooker. Sen. Richard Blumenthal is proposing a bill that would cut the excise tax in half for small breweries. Any place that sells fewer than 60,000 barrels of beer a year would be eligible.

"It's a win-win for beer drinkers, beer producers, our economy and people who work in these kinds of establishments," Sen. Richard Blumenthal, D-Conn said.

In fact, the guys at Hooker predict they could save $40,000 to $50,000, and that comes at a perfect time because they're looking into building a new brewery.

"Which could mean a couple new employees, equipment," Hooker said.

Sen. Blumenthal - a non-drinker - is pushing the bi-partisan bill because he says it will help more than 20 small breweries around the state of Connecticut.

"This kind of small business is really Connecticut's future," Sen. Blumenthal said.

(Copyright © 2012 NBC Universal, All Rights Reserved)