AR HB1539

Exempts water used exclusively in poultry farm operations from Arkansas gross receipts tax and compensating use tax under Arkansas Code Title 26, Chapter 52, Subchapter 4.

Defines "poultry farm" as a facility for commercial production of poultry, including broiler or turkey grow-out houses, laying houses, hatching units, nursery units, and breeding houses.

Requires water subject to the exemption to be separately metered from water used for other purposes, though rules may establish additional or alternate metering requirements.

Allows the Director of the Department of Finance and Administration to require water utilities to obtain a certificate from taxpayers certifying eligibility for the exemption.

Requires the Director to promulgate rules for administering the exemption, with final rules to be filed with the Secretary of State by October 1, 2019, or as soon as practicable after Legislative Council approval.

Makes Section 1 effective on the first day of the calendar quarter following the act's effective date.