Bill > HB1901

This bill establishes an excise tax credit for brewers in Tennessee who donate spent grain byproduct, which is the leftover material from grain used to make beer, for agricultural purposes like animal feed or composting. To qualify, the donated byproduct must be donated to a recipient within the state and located no more than 100 miles from where the beer was produced. The credit is calculated at eight cents per pound of the donated byproduct's dry weight, with a yearly limit of $30,000 or the total amount of excise taxes the brewer paid that year, whichever is less. Brewers will need to apply for this credit through the department of revenue, which will also consult with the department of agriculture to create necessary rules. This new tax credit is intended to encourage the reuse of brewing byproducts in agriculture and will take effect for tax purposes on July 1, 2027.

Government Affairs

https://wapp.capitol.tn.gov/apps/Billinfo/default.aspx?BillNumber=HB1901&ga=114