Taxes, Alcoholic Beverages - As introduced, deletes an obsolete provision relating to a tax credit for beer or ale that was destroyed in a flood occurring between May 1, 2010, and May 8, 2010. - Amends TCA Title 57 and Title 67.

HB 1252 deletes an outdated tax credit provision from Tennessee's tax code that applied to beer or ale destroyed in a specific 2010 flood (May 1-8). The bill removes Section 67-4-114 from the Tennessee Code, which was no longer relevant as the credit was for a past event with no current application. This change affects no active taxpayers or ongoing policies, as the provision was obsolete. The bill amends Titles 57 and 67 of the Tennessee Code Annotated to eliminate this outdated rule, requiring no new administrative action.