SB 1408 Summary

• Adds section 42-3357 to Arizona Revised Statutes establishing tax credits for craft distillers, farm wineries, and microbreweries against luxury privilege taxes.

• Craft distillers licensed under section 4-205.10 receive a $2 per gallon credit for the first 20,000 gallons produced.

• Farm wineries licensed under section 4-205.04 receive a $0.50 per gallon credit for the first 20,000 gallons produced.

• Microbreweries licensed under section 4-205.08 receive a $0.10 per gallon credit for the first 500,000 gallons produced.

• Taxpayers must claim credits on department forms and cannot be delinquent on tax payments to qualify; credits cannot reduce allocations under section 42-3106.