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AR SB1140
Bill
Status
Failed
5/17/2013
Primary Sponsor
Bruce Holland
Click for details
AI Summary
- Amends Arkansas Code § 3-7-108 to modify how wine excise tax revenue is distributed starting June 30, 2013
- Wine excise taxes collected on or before June 30, 2013 continue to be deposited as general revenues into the State Treasury
- Wine excise taxes collected after June 30, 2013 in an amount equal to fiscal year 2012 collections are deposited as general revenues under existing procedures
- Excess wine excise tax revenue collected after June 30, 2013 (above fiscal year 2012 amounts) is deposited into the Arkansas Wine Producers Council Fund as special revenue
- Arkansas Wine Producers Council shall use excess revenue to promote research on wine and wine grape production, wine manufacturing, Arkansas wine marketing, the wine industry, and agritourism through the Department of Parks and Tourism
Legislative Description
To Use Revenue From A Wine Excise Tax To Promote Research Concerning The Production Of Arkansas Wine And Arkansas Wine Grapes; And To Promote Agritourism.
Last Action
Sine Die adjournment
5/17/2013
Committee Referrals
Agriculture, Forestry and Economic Development3/11/2013
Full Bill Text
No bill text available