The proposed bill aims to amend the law regarding alcoholic beverages by introducing the "Common Carrier Reporting Act." This new subchapter requires permitted common carriers to submit quarterly reports to the Department of Finance and Administration detailing shipments of alcoholic beverages into the state. The reports must include specific information such as the common carrier's identification, the total gallons of each type of alcoholic beverage shipped, delivery dates, and supplier details. If no shipments occur during a reporting period, the common carrier is still required to submit a report indicating that no alcoholic beverages were shipped.

Additionally, the bill establishes penalties for common carriers that fail to submit the required reports, with the Department of Finance and Administration responsible for reporting non-compliance to the Arkansas Department of Transportation. The Secretary of the Department of Finance and Administration is also granted the authority to adopt rules to facilitate the implementation of this subchapter. Overall, the bill seeks to enhance oversight and regulation of alcoholic beverage shipments within the state.