Taxes, Exemption and Credits - As introduced, authorizes an excise tax credit for brewers that donate spent grain byproducts for agricultural use. - Amends TCA Title 43; Title 57 and Title 67.

Summary

The bill gives brewers a credit against their excise taxes for each pound of spent grain they donate for farming, composting, or animal feed within 100 miles. The credit is worth eight cents per pound and is capped at $30,000 or the amount of excise tax the brewer paid, whichever is lower. It is intended to promote recycling of brewing by‑products and support local agriculture.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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