Arkansas legislation · 95th General Assembly (2025 Regular)
Arkansas HB1862: TO AMEND THE INCOME TAX CREDIT AND THE INCOME TAX DEDUCTION RELATED TO MAINTAINING, SUPPORTING, AND CARING FOR AN INDIVIDUAL WITH A DISABILITY
Status: Failed, May 5, 2025
What the bill says
An act to be entitled an act to amend the income tax credit and the income tax deduction related to maintaining, supporting, and caring for an individual with a disability; to amend and increase the income tax credit allowed for maintaining, supporting, and caring for an individual with a developmental disability; to repeal the income tax deduction allowed for maintaining, supporting, and caring for an individual with a total and permanent disability; and for other purposes…
From the introduced text:
An Act To Be Entitled AN ACT TO AMEND THE INCOME TAX CREDIT AND THE INCOME TAX DEDUCTION RELATED TO MAINTAINING, SUPPORTING, AND CARING FOR AN INDIVIDUAL WITH A DISABILITY; TO AMEND AND INCREASE THE INCOME TAX CREDIT ALLOWED FOR MAINTAINING, SUPPORTING, AND CARING FOR AN INDIVIDUAL WITH A DEVELOPMENTAL DISABILITY; TO REPEAL THE INCOME TAX DEDUCTION ALLOWED FOR MAINTAINING, SUPPORTING, AND CARING FOR AN INDIVIDUAL WITH A TOTAL AND PERMANENT DISABILITY; AND FOR OTHER PURPOSES. Subtitle TO AMEND THE INCOME TAX CREDIT AND THE INCOME TAX DEDUCTION RELATED TO MAINTAINING, SUPPORTING, AND CARING FOR AN INDIVIDUAL WITH A DISABILITY. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: SECTION 1. Arkansas Code § 26-51-418 is repealed. 26-51-418. Deductions -- Child with disability -- Definitions. (a) In addition to any other state income tax deduction permitted by law, a taxpayer in this state who is maintaining, supporting, and caring for a totally and permanently disabled child in his or her home shall be permitted a deduction on his or her Arkansas income taxes of five hundred dollars ($500) for each income year that the taxpayer maintains, supports, and cares for such totally and permanently disabled child. (b) As used in this section: *JLL345* 03/19/2025 3:21:29 PM JLL345 HB1862 (1) "Child" means a natural or adopted child of …
Sponsors
- Julie Mayberry (R, 92) · primary sponsor