Bill > HB1491

This bill creates a new tax credit for beer and sake producers in Arkansas who use at least 20% Arkansas-grown rice in their product. Specifically, for beer and sake that meets this criteria and is subject to existing state excise tax regulations, producers can receive a tax credit calculated by multiplying the percentage of Arkansas rice used in the total grain bill by the excise tax owed for that reporting period. The credit can be directly deducted from the excise tax due when filing monthly reports with the Alcoholic Beverage Control Division. The bill also amends existing reporting rules to include a method for claiming this new rice-based production credit. The legislation aims to incentivize the use of locally grown rice in beverage production and provide a financial benefit to producers who source ingredients from within the state.

Budget and Finance

https://arkleg.state.ar.us/Bills/Detail?id=hb1491&ddBienniumSession=2025%2F2025R