Texas HB3336 provides a tax credit for donors of spent grain byproducts for agricultural use.

HB3336 amends the Alcoholic Beverage Code to create a tax credit for eligible taxpayers who donate spent grain byproducts for agricultural use within Texas. Eligible taxpayers include those who pay taxes on liquor or malt beverages and hold certain permits or licenses, or those who pay taxes on imported liquor or malt beverages. The credit amount is calculated at $0.08 per pound of donated byproduct, with a maximum credit of $30,000 or the total taxes paid by the taxpayer, whichever is less.

Texas HB3336 provides a tax credit for donors of spent grain byproducts for agricultural use.

HB3336 amends the Alcoholic Beverage Code to create a tax credit for eligible taxpayers who donate spent grain byproducts for agricultural use within Texas. Eligible taxpayers include those who pay taxes on liquor or malt beverages and hold certain permits or licenses, or those who pay taxes on imported liquor or malt beverages. The credit amount is calculated at $0.08 per pound of donated byproduct, with a maximum credit of $30,000 or the total taxes paid by the taxpayer, whichever is less.