Arkansas legislation · 95th General Assembly (2025 Regular)
Arkansas SB577: TO AMEND THE LAW CONCERNING LOCAL SALES AND USE TAXES; AND TO REQUIRE THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO NOTIFY LOCAL GOVERNMENTS CONCERNING SALES AND USE TAXES THAT ARE SET TO EXPIRE
Status: Chaptered, April 18, 2025
What the bill says
An act to be entitled an act to amend the law concerning local sales and use taxes; to require the department of finance and administration to notify local governments concerning sales and use taxes that are set to expire; and for other purposes. subtitle to amend the law concerning local sales and use taxes; and to require the department of finance and administration to notify local governments concerning sales and use taxes that are set to expire.
From the enrolled text:
An Act To Be Entitled AN ACT TO AMEND THE LAW CONCERNING LOCAL SALES AND USE TAXES; TO REQUIRE THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO NOTIFY LOCAL GOVERNMENTS CONCERNING SALES AND USE TAXES THAT ARE SET TO EXPIRE; AND FOR OTHER PURPOSES. Subtitle TO AMEND THE LAW CONCERNING LOCAL SALES AND USE TAXES; AND TO REQUIRE THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO NOTIFY LOCAL GOVERNMENTS CONCERNING SALES AND USE TAXES THAT ARE SET TO EXPIRE. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: SECTION 1. Arkansas Code § 26-74-208(b)(3)(D), concerning the form of the ballot for levying a county sales and use tax for capital improvements, is amended to add an additional subdivision to read as follows: (iii)(a) At least one hundred twenty (120) days before the expiration of a sales and use tax levied under this subchapter, the Department of Finance and Administration shall notify the county quorum court of the county that levied the tax concerning the expiration of the sales and use tax. (b) The notification required under subdivision (b)(3)(D)(iii)(a) of this section shall state the: (1) Current expiration date of the sales *JLL324* 03/31/2025 9:03:00 AM JLL324 SB577 and use tax; and (2) Specific requirements under this subchapter for extending the sales and use tax. SECTION 2. Arkansas Code § …