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TN SB0788
TN SB0788AN ACT to amend Tennessee Code Annotated, Title 57, relative to the beer barrelage tax.
summary
Introduced
02/04/2025
02/04/2025
In Committee
Crossed Over
Passed
Dead
Introduced Session
114th General Assembly
Bill Summary
As introduced, reallocates 3 percent of revenue derived from the beer barrelage tax that is provided to the general fund to the department of agriculture for the purposes of supporting growth in the utilization of Tennessee agricultural products in brewing and in the promotion of the growth of the Tennessee brewing industry. - Amends TCA Title 57.
AI Summary
This bill amends Tennessee's beer barrelage tax law by redirecting 3 percent of the current tax revenue that goes to the state's general fund to the Department of Agriculture. Specifically, this redirected funding will be used to support two key objectives: first, to encourage the use of Tennessee-grown agricultural products in brewing, and second, to promote the growth of Tennessee's brewing industry. The beer barrelage tax is a tax levied on beer production based on the number of barrels produced, and this bill aims to reinvest a small portion of that tax revenue back into supporting local agriculture and the state's brewing sector. The changes will take effect on July 1, 2025, allowing time for administrative preparation and giving stakeholders advance notice of the new allocation of funds.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (3)
Last Action
Placed on Senate Finance, Ways, and Means Committee calendar for 4/21/2025 (on 04/17/2025)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=SB0788&ga=114 |
| Fiscal Note - SB0788 | https://www.capitol.tn.gov/Bills/114/Fiscal/SB0788.pdf |
| BillText | https://www.capitol.tn.gov/Bills/114/Bill/SB0788.pdf |
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