Arkansas SB274: TO CREATE A SALES AND USE TAX EXEMPTION FOR CERTAIN ITEMS RELATED TO HUMAN BURIAL; AND TO EXEMPT A PORTION OF THE PURCHASE PRICE OF A CASKET, BURIAL VAULT, OR MONUMENT FROM SALES AND USE TAX

What the bill says

An act to be entitled an act to create a sales and use tax exemption for certain items related to human burial; to exempt a portion of the purchase price of a casket, burial vault, or monument from sales and use tax; and for other purposes. subtitle to create a sales and use tax exemption for certain items related to human burial; and to exempt a portion of the purchase price of a casket, burial vault, or monument from sales and use tax.

From the introduced text:

An Act To Be Entitled AN ACT TO CREATE A SALES AND USE TAX EXEMPTION FOR CERTAIN ITEMS RELATED TO HUMAN BURIAL; TO EXEMPT A PORTION OF THE PURCHASE PRICE OF A CASKET, BURIAL VAULT, OR MONUMENT FROM SALES AND USE TAX; AND FOR OTHER PURPOSES. Subtitle TO CREATE A SALES AND USE TAX EXEMPTION FOR CERTAIN ITEMS RELATED TO HUMAN BURIAL; AND TO EXEMPT A PORTION OF THE PURCHASE PRICE OF A CASKET, BURIAL VAULT, OR MONUMENT FROM SALES AND USE TAX. 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. Caskets, burial vaults, and monuments. (a) The first one thousand dollars ($1,000) of the gross receipts or gross proceeds derived from the sale of the following are exempt from the gross receipts tax levied by this chapter and the compensating use tax levied by the Arkansas Compensating Tax Act of 1949, § 26-53-101 et seq.: (1) A casket; (2) A burial vault; or (3) A monument. (b) The exemption provided under subsection (a) of this section may be *JLL239* 02/24/2025 10:17:45 AM JLL239 SB274 administered as a rebate. SECTION 2. DO NOT CODIFY. EFFECTIVE DATE. Section 1 of this act is effective on …

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Sponsors

• David Wallace (R, 19) · primary sponsor
• (R, 34)