Arkansas SB530: TO AMEND THE ARKANSAS WOOD ENERGY PRODUCTS AND FOREST MAINTENANCE INCOME TAX CREDIT

What the bill says

An act to be entitled an act to amend the arkansas wood energy products and forest maintenance income tax credit; and for other purposes. subtitle to amend the arkansas wood energy products and forest maintenance income tax credit.

From the enrolled text:

An Act To Be Entitled AN ACT TO AMEND THE ARKANSAS WOOD ENERGY PRODUCTS AND FOREST MAINTENANCE INCOME TAX CREDIT; AND FOR OTHER PURPOSES. Subtitle TO AMEND THE ARKANSAS WOOD ENERGY PRODUCTS AND FOREST MAINTENANCE INCOME TAX CREDIT. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: SECTION 1. Uncodified Acts 2021, No. 594, § 2(7), concerning the legislative findings for Acts 2021, No. 594, is amended to read as follows: (7) In order to attract and maintain industry to use the available fiber resources, support healthy timberland, encourage capital investment in the Arkansas timber industry, and provide well-paying jobs, and use wood byproducts for the production of energy, the creation of a logging and wood fiber transportation job creation income tax credit should be established. SECTION 2. Arkansas Code § 26-51-2702 is amended to read as follows: 26-51-2702. Legislative purpose and intent. The purpose and intent of this subchapter is to increase capacity in *JLL344* 04-01-2025 12:29:49 JLL344 As Engrossed: S4/1/25 SB530 the state for the use of sawmill mill residuals, including sawdust and wood chips, wood byproducts, including bark, and thinnings to maintain a healthy forest, unwanted treetops, and damaged or diseased trees not wanted by sawmills. SECTION 3. Arkansas Code § 26-51-2703(6) and (7), concerning the definitions to be used under the Arkansas Wood …

Read the full official text

Sponsors

• Breanne Davis (R, 25) · primary sponsor
• Rick Beck (R, 43)
• Brandon Achor (R, 71)
• Wade Andrews (R, 98)
• Sonia Barker (R, 96)
• Beaty Jr., Howard (R, 95)
• Mary Bentley (R, 54)
• Stan Berry (R, 44)
• Harlan Breaux (R, 6)
• Matt Brown (R, 55)
• Joey Carr (R, 34)
• Paul Childress (R, 83)

Latest actions

1. April 18, 2025: Notification that SB530 is now Act 701
2. April 10, 2025: DELIVERED TO GOVERNOR.
3. April 10, 2025: Reported correctly enrolled and ordered delivered to the Governor.
4. April 9, 2025: ORDERED ENROLLED
5. April 9, 2025: Returned from the House as passed.
6. April 9, 2025: Returned to the Senate as passed.
7. April 9, 2025: Read the third time and passed and ordered transmitted to the Senate.
8. April 8, 2025: Returned by the Committee Do Pass
9. April 3, 2025: Read the first time, rules suspended, read the second time and referred to the Committee on REVENUE & TAXATION- HOUSE
10. April 3, 2025: RECEIVED FROM THE SENATE

Votes

• House Roll Call #1286 (April 14, 2025): 98 yea, 0 nay, passed
• House Roll Call #1121 (April 9, 2025): 82 yea, 3 nay, passed
• Senate Roll Call #826 (April 3, 2025): 32 yea, 0 nay, passed
• Senate Roll Call #785 (April 2, 2025): 33 yea, 0 nay, passed

Common questions

What is SB530?

SB530 is a bill in the Arkansas Legislature (95th General Assembly (2025 Regular)): TO AMEND THE ARKANSAS WOOD ENERGY PRODUCTS AND FOREST MAINTENANCE INCOME TAX CREDIT.

What does SB530 do?

In its own words: An act to be entitled an act to amend the arkansas wood energy products and forest maintenance income tax credit; and for other purposes. subtitle to amend the arkansas wood energy products and forest maintenance income tax credit.

What is the status of SB530?

Chaptered as of April 18, 2025. Latest action: Notification that SB530 is now Act 701 (April 18, 2025).

Who sponsored SB530?

Breanne Davis (R, 25), with 11 co-sponsors.

Where is the official record for SB530?

On the Arkansas Legislature website: https://www.arkleg.state.ar.us/Bills/Detail?ddBienniumSession=2025%2F2025R&measureno=SB530