AR SB253

Adds a new definition of "Agriculture" to include soil preparation, seed planting, crop harvesting, gardening, and viticulture in Arkansas Code § 26-52-450(a)

Renumbers existing definitions of "Aquaculture," "Domesticated fish," "Horticulture," "Qualifying agricultural structure," "Qualifying aquaculture, agriculture, or horticulture equipment," and "Utility" to accommodate the new agriculture definition

Expands the sales tax exemption to include utilities used by qualifying agriculture operations in addition to existing aquaculture and horticulture operations, and qualifying agriculture equipment operated for commercial purposes

Exempts gross receipts and compensating use tax on utilities (electricity, liquefied petroleum gas, and natural gas) used by qualifying agricultural structures and agriculture, aquaculture, or horticulture equipment operated for commercial purposes

Becomes effective on the first day of the second calendar month following the bill's enactment date