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TN HB1901
Bill
Status
1/22/2026
Primary Sponsor
Jay Reedy
Click for details
AI Summary
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Licensed beer manufacturers in Tennessee may claim an excise tax credit of 8 cents per pound (dry weight) for spent grain byproduct donated for agricultural use, including composting or animal feed
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Donations must go to recipients located within 100 miles of the brewery and within Tennessee to qualify for the credit
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Maximum annual credit is capped at $30,000 or the total excise taxes paid by the taxpayer during the fiscal year, whichever is less
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Department of Revenue administers the credit program and may promulgate rules in consultation with the Department of Agriculture
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Takes effect July 1, 2027, for tax credit purposes; rule-making authority takes effect upon becoming law
Legislative Description
AN ACT to amend Tennessee Code Annotated, Title 43; Title 57 and Title 67, relative to tax credits for alcoholic beverage byproducts donated for agricultural use.
Taxes, Exemption and Credits
Last Action
Action def. in Government Operations Committee to 3/23/2026
3/16/2026