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AR SB417
Bill
Status
Passed
3/23/2017
Primary Sponsor
Jake Files
Click for details
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