Plain English Breakdown
The exact amount of money that will be reallocated is not specified in the official source material.
Beer Barrelage Tax Change
This bill changes how money from a tax on beer is used by moving three percent of this tax to the Department of Agriculture to support Tennessee's agricultural products in brewing and promote the state's brewing industry.
What This Bill Does
- Changes the way money from a tax on beer barrels is spent.
- Moves three percent of the beer barrelage tax revenue from the general fund to the Department of Agriculture.
Who It Names or Affects
- The people who pay the beer barrelage tax.
- Tennessee farmers who supply ingredients for beer.
- Breweries in Tennessee that use local agricultural products.
Terms To Know
- Beer Barrelage Tax
- A tax on each barrel of beer sold or produced in Tennessee.
- General Fund
- The main account where the state keeps money to pay for different government services and programs.
Limits and Unknowns
- It is not clear how much money will be moved from the general fund to the Department of Agriculture.
- This bill only affects Tennessee's beer industry and its agricultural products.