AZ HB2745

Adds "ready-to-drink packaged cocktails" containing spirituous liquor to the definition of luxuries subject to state tax and imposes a tax rate of $.16 per gallon on such beverages, the same rate applied to malt liquor and cider.

Creates a new tax credit for craft distillers holding licenses under Title 4, Chapter 2, Article 1, allowing credits of $2 per gallon for spirituous liquor and $.50 per gallon for vinous liquor (up to 20,000 gallons produced) and $.10 per gallon for malt liquor (up to 500,000 gallons produced).

Modifies employee record requirements for on-sale alcohol retailers to specify that records must include each employee's full legal name, date of birth, address, and responsibilities.

Clarifies that proprietary information filed with the federal alcohol and tobacco tax and trade bureau, including confidential formulas and production processes, is exempt from inspection by the state.

Applies the changes to taxable periods beginning on or after the first day of the month following the general effective date.