Arkansas HB1687: TO PROVIDE THAT A WATER AUTHORITY IS EXEMPT FROM ALL EXCISE TAXES

What the bill says

An act to be entitled an act to amend the law concerning the tax exemptions applicable to a water authority; to provide that a water authority is exempt from all excise taxes; and for other purposes. subtitle to provide that a water authority is exempt from all excise taxes.

From the introduced text:

An Act To Be Entitled AN ACT TO AMEND THE LAW CONCERNING THE TAX EXEMPTIONS APPLICABLE TO A WATER AUTHORITY; TO PROVIDE THAT A WATER AUTHORITY IS EXEMPT FROM ALL EXCISE TAXES; AND FOR OTHER PURPOSES. Subtitle TO PROVIDE THAT A WATER AUTHORITY IS EXEMPT FROM ALL EXCISE TAXES. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: SECTION 1. Arkansas Code § 4-35-108 is amended to read as follows: 4-35-108. Tax exemption of projects. (a) Each project by All property of a water authority and all income from each project is determined and declared by the General Assembly to be public property used exclusively for a public purpose and shall be exempt from ad valorem taxation by all taxing authorities. (b) A water authority formed under this chapter is exempt from all excise taxes of any kind or nature. SECTION 2. EFFECTIVE DATE. Section 1 of this act is effective on the first day of the calendar quarter following the effective date of this act. *JLL254* 03/04/2025 3:31:31 PM JLL254

Read the full official text

Sponsors

• Kendra Moore (R, 23) · primary sponsor
• Bart Hester (R, 33)

Latest actions

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

Common questions

What is HB1687?

HB1687 is a bill in the Arkansas Legislature (95th General Assembly (2025 Regular)): TO PROVIDE THAT A WATER AUTHORITY IS EXEMPT FROM ALL EXCISE TAXES.

What does HB1687 do?

In its own words: An act to be entitled an act to amend the law concerning the tax exemptions applicable to a water authority; to provide that a water authority is exempt from all excise taxes; and for other purposes. subtitle to provide that a water authority is exempt from all excise taxes.

What is the status of HB1687?

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

Who sponsored HB1687?

Kendra Moore (R, 23), with 1 co-sponsor.

Where is the official record for HB1687?

On the Arkansas Legislature website: https://www.arkleg.state.ar.us/Bills/Detail?ddBienniumSession=2025%2F2025R&measureno=HB1687