Arkansas SB638: TO AMEND THE LAW CONCERNING THE COLLECTION OF SALES AND USE TAX ON THE SALE OF A NEW OR USED MOTORBOAT; AND TO PROVIDE FOR THE DIRECT PAYMENT OF SALES AND USE TAX ON A MOTORBOAT SOLD BY A MOTORBOAT DEALER

What the bill says

An act to be entitled an act to amend the law concerning the collection of sales and use tax on the sale of a new or used motorboat; to provide for the direct payment of sales and use tax on a motorboat sold by a motorboat dealer; and for other purposes. subtitle to amend the law concerning the collection of sales and use tax on the sale of a new or used motorboat; and to provide for the direct payment of sales and use tax on a motorboat sold by a motorboat dealer.

From the enrolled text:

An Act To Be Entitled AN ACT TO AMEND THE LAW CONCERNING THE COLLECTION OF SALES AND USE TAX ON THE SALE OF A NEW OR USED MOTORBOAT; TO PROVIDE FOR THE DIRECT PAYMENT OF SALES AND USE TAX ON A MOTORBOAT SOLD BY A MOTORBOAT DEALER; AND FOR OTHER PURPOSES. Subtitle TO AMEND THE LAW CONCERNING THE COLLECTION OF SALES AND USE TAX ON THE SALE OF A NEW OR USED MOTORBOAT; AND TO PROVIDE FOR THE DIRECT PAYMENT OF SALES AND USE TAX ON A MOTORBOAT SOLD BY A MOTORBOAT DEALER. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: SECTION 1. Arkansas Code Title 26, Chapter 52, Subchapter 5, is amended to add an additional section to read as follows: 26-52-524. Direct payment of tax by consumer-user -- New and used motorboats sold by motorboat dealer -- Definitions. (a) As used in this section, "motorboat" means the same as defined in § 27-101-103. (b)(1)(A) On or before the time for applying for a certificate of number as prescribed by § 27-101-304, a consumer shall pay to the Secretary of the Department of Finance and Administration the tax levied by this chapter and all other gross receipts taxes levied by the state with respect to the sale by a motorboat dealer of a new or …

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Sponsors

• Justin Boyd (R, 27) · primary sponsor