Terry Wilfred Rice (born 1954) is an American politician and furniture and appliance store owner from Waldron, Arkansas. He has been a Republican member of the Arkansas State Senate for District 9, which includes Scott and Sebastian counties near Fort Smith since January 2015. From 2009 to 2013, he represented House District 62 in the Arkansas House of Representatives, having succeeded fellow Republican Shirley Ann Walters of Greenwood in Sebastian County. From 2013 to 2015, he represented District 21. Term-limited in the House, he ran instead for the state Senate.