AZ HB2627

Adds a new definition of "ready-to-drink spirits products" to Arizona law, defined as distilled spirits mixed with other beverages not exceeding 12% alcohol by volume, sealed in containers of no more than 24 ounces, sold in manufacturer's original packaging.

Imposes a $1 per gallon excise tax on ready-to-drink spirits products (proportionate for quantities less than one gallon), effective for taxable periods beginning the first day of the month following the act's general effective date.

Requires wholesalers of ready-to-drink spirits products to file bonds with the department, pay taxes monthly, and file sworn returns detailing sales and tax amounts, subject to the same penalties and interest as other liquor wholesalers.

Allows craft distillers and other manufacturers to sell ready-to-drink spirits products at retail or to retail licensees under the same licensing provisions as other spirits.

Makes conforming changes to liquor license provisions to ensure ready-to-drink spirits products are treated consistently with other distilled spirits in off-sale retail reporting requirements.