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AR SB417

Bill

Status

Passed

3/23/2017

Primary Sponsor

Jake Files

Click for details

Origin

Senate

91st General Assembly (2017 Regular)

AI Summary

  • Amends Arkansas Code § 3-7-116 to modify tax rebate provisions for qualified beer and malt beverage manufacturers
  • Requires qualified manufacturers that expand to produce 25,000 barrels or more of beer and malt beverage during a twelve-month period to submit a form to the division acknowledging the production has exceeded the qualification limit
  • Allows qualified manufacturers who filed the required form to continue claiming the tax rebate on the first 24,999 barrels of beer or malt beverage manufactured during the twelve-month period immediately preceding the period for which the rebate is claimed
  • Approved March 23, 2017

Legislative Description

To Amend The Tax Rebate For Qualified Manufacturers Of Beer And Malt Beverages.

Last Action

Notification that SB417 is now Act 614

3/23/2017

Committee Referrals

Revenue & Taxation2/21/2017

Full Bill Text

No bill text available