AZ SB1812

Establishes a new definition for "ready-to-drink spirits product" as distilled spirits mixed with other beverages containing flavoring or coloring, not exceeding 10% alcohol by volume, sealed in original containers of 16 ounces or less

Imposes a luxury tax rate of $1.50 per gallon on ready-to-drink spirits products, which is half the $3 per gallon rate applied to regular spirituous liquor

Requires wholesalers of ready-to-drink spirits products to file bonds with the state, pay monthly taxes, and submit sworn returns showing sales amounts and taxes due

Extends existing tax collection and reporting requirements for craft distillers and manufacturers to include ready-to-drink spirits products sold at retail or to retail licensees

Takes effect for taxable periods beginning on or after the first day of the month following the bill's general effective date