Step 1

Add the butter to a medium-sized saucepan over medium-high heat. Do not allow the butter to burn. As soon as the butter has melted, add the diced peppers and onion and stir to coat. Sauté for 5-7 minutes until softened.

Step 2

Add the chicken broth, salt, garlic powder, thyme, paprika, pepper, and bay leaf to the saucepan and allow the mixture to come to a boil.

Step 3

Add the rice, stir, and top with a lid. Reduce the heat as needed to maintain a simmer.

Step 4

Simmer for 20-25 minutes, until the rice is cooked through and tender to your liking. Set aside for 10 minutes, covered.

Step 5

After the resting time, fluff the rice with a fork, serve and enjoy!