Arkansas HB1464: TO CREATE A SALES AND USE TAX EXEMPTION FOR PARTS FOR AND REPAIR OF AGRICULTURAL EQUIPMENT AND MACHINERY

What the bill says

An act to be entitled an act to create a sales and use tax exemption for parts for and repair of agricultural equipment and machinery; and for other purposes. subtitle to create a sales and use tax exemption for parts for and repair of agricultural equipment and machinery.

From the introduced text:

An Act To Be Entitled AN ACT TO CREATE A SALES AND USE TAX EXEMPTION FOR PARTS FOR AND REPAIR OF AGRICULTURAL EQUIPMENT AND MACHINERY; AND FOR OTHER PURPOSES. Subtitle TO CREATE A SALES AND USE TAX EXEMPTION FOR PARTS FOR AND REPAIR OF AGRICULTURAL EQUIPMENT AND MACHINERY. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: SECTION 1. Arkansas Code Title 26, Chapter 52, Subchapter 4, is amended to add an additional section to read as follows: 26-52-457. Parts for and repair of agricultural equipment and machinery -- Definitions. (a) As used in this section: (1)(A) "Agricultural equipment and machinery" means implements used exclusively and directly in farming. (B) "Agricultural equipment and machinery" includes without limitation: (i) Irrigation pipe used to carry water from an irrigation well to the crops produced in farming regardless of whether the irrigation pipe is used above ground or is buried underground; (ii) Aviation machinery and equipment; and (iii) Implements used to harvest crops produced in farming by others. (C) "Agricultural equipment and machinery" does not *JLL140* 02/12/2025 11:07:54 AM JLL140 HB1464 include implements used in the production and severance of timber, motor vehicles of a type subject to registration, or hand tools; and (2) "Farming" means the agricultural production of food or fiber as a business or the agricultural production …

Read the full official text

Sponsors

• Deann Vaught (R, 87) · primary sponsor
• Frances Cavenaugh (R, 30)

Latest actions

1. May 5, 2025: Died in House Committee at Sine Die adjournment.
2. February 12, 2025: Read the first time, rules suspended, read the second time and referred to the Committee on REVENUE & TAXATION- HOUSE
3. February 12, 2025: Filed

Common questions

What is HB1464?

HB1464 is a bill in the Arkansas Legislature (95th General Assembly (2025 Regular)): TO CREATE A SALES AND USE TAX EXEMPTION FOR PARTS FOR AND REPAIR OF AGRICULTURAL EQUIPMENT AND MACHINERY.

What does HB1464 do?

In its own words: An act to be entitled an act to create a sales and use tax exemption for parts for and repair of agricultural equipment and machinery; and for other purposes. subtitle to create a sales and use tax exemption for parts for and repair of agricultural equipment and machinery.

What is the status of HB1464?

Failed as of May 5, 2025. Latest action: Died in House Committee at Sine Die adjournment. (May 5, 2025).

Who sponsored HB1464?

Deann Vaught (R, 87), with 1 co-sponsor.

Where is the official record for HB1464?

On the Arkansas Legislature website: https://www.arkleg.state.ar.us/Bills/Detail?ddBienniumSession=2025%2F2025R&measureno=HB1464