AR HB1503

Amends Arkansas Code § 3-7-104 to equalize excise tax rates on beer and hard cider by subjecting hard cider to the same tax as beer at $7.50 per barrel of 32 gallons (or proportionately for other barrel sizes).

Clarifies that hard cider is excluded from the tax classifications for premixed spirituous liquor, light spirituous liquor, vinous liquor, and light wine, establishing it as a distinct category taxed with beer.

Changes regulatory language from "regulation" to "rule" in the tax code section.

Becomes effective on the first day of the first month following the act's effective date.

Approved March 27, 2017.