AR SB215

Creates a new sales and use tax exemption for working horses used primarily as work animals in commercial agricultural production, excluding race horses, show horses, and breeding horses.

Exempts fencing used to contain or separate livestock in commercial agricultural operations from gross receipts tax and compensating use tax.

Defines "commercial agricultural production" as the production of crops, livestock, or animal products as a business operation.

Defines "livestock" to include cattle, bison, horses, sheep, goats, donkeys, mules, swine, domesticated rabbits, chickens, turkeys, and other domesticated animals raised primarily for human food consumption.

Becomes effective on the first day of the calendar quarter following the bill's enactment date.