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Bill > HB0831

TN HB0831

TN HB0831
AN ACT to amend Tennessee Code Annotated, Title 57, relative to the beer barrelage tax.

summary

Introduced
02/04/2025
In Committee
02/06/2025
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 to redirect 3% of the existing tax revenue from the state's general fund to the Department of Agriculture. Specifically, the redirected funds will be used to support two primary objectives: (1) encouraging the use of Tennessee-grown agricultural products in brewing processes, and (2) promoting the growth of Tennessee's brewing industry. The new allocation is designed to provide targeted support for local agriculture and craft brewing sectors by providing dedicated funding through a small reallocation of existing tax revenue. The bill will take effect on July 1, 2025, giving state agencies time to prepare for the new funding mechanism. By reallocating this relatively small percentage of tax revenue, the bill aims to create economic opportunities for both agricultural producers and brewers within the state, potentially helping to strengthen Tennessee's local food and beverage production ecosystem.

Committee Categories

Budget and Finance

Sponsors (4)

Last Action

Placed on s/c cal Finance, Ways, and Means Subcommittee for 4/14/2025 (on 04/09/2025)
(1 Companion Bills)

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