Arkansas legislation · 95th General Assembly (2026 Special)
Arkansas HB1001: TO REDUCE THE INCOME TAX RATES FOR INDIVIDUALS, TRUSTS, ESTATES, AND CORPORATIONS
Status: Chaptered, May 6, 2026
What the bill says
An act to be entitled an act to reduce income taxes; to reduce the income tax rates for individuals, trusts, estates, and corporations; and for other purposes. subtitle to reduce the income tax rates for individuals, trusts, estates, and corporations.
From the introduced text, May 1, 2026:
An Act To Be Entitled AN ACT TO REDUCE INCOME TAXES; TO REDUCE THE INCOME TAX RATES FOR INDIVIDUALS, TRUSTS, ESTATES, AND CORPORATIONS; AND FOR OTHER PURPOSES. Subtitle TO REDUCE THE INCOME TAX RATES FOR INDIVIDUALS, TRUSTS, ESTATES, AND CORPORATIONS. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: SECTION 1. Arkansas Code § 26-51-201(a)(4), concerning the income tax imposed on individuals, trusts, and estates, is amended to read as follows: (4) For tax years beginning on or after January 1, 2026: (A) Every resident, individual, trust, or estate having net income less than or equal to ninety-four thousand seven hundred dollars ($94,700) shall determine the amount of income tax due under this subsection in accordance with the table set forth below: From Less Than or Equal To Rate *JLL443* 05/01/2026 8:05:20 AM JLL443 HB1001 $0 $5,599 0% $5,600 $11,199 2% $11,200 $15,999 3% $16,000 $26,399 3.4% $26,400 $94,700 3.7% (B) Every resident, individual, trust, or estate having net income greater than ninety-four thousand seven hundred dollars ($94,700) shall determine the amount of income tax due under this subsection in accordance with the table set forth below: From Less Than or Equal To Rate $0 $4,700 2% $4,701 and above 3.7% (C) Every resident, individual, trust, or estate having net income greater than or equal to ninety-four …
Sponsors
- Les Eaves (R, 58) · primary sponsor
- Jonathan Dismang (R, 18)
- Brian Evans (R, 68)
- John Maddox (R, 86)
- Beaty Jr., Howard (R, 95)
- Robin Lundstrum (R, 18)
- Rebecca Burkes (R, 11)
- Mindy McAlindon (R, 10)
- Dolly Henley (R, 88)
- Keith Brooks (R, 78)
- Kendra Moore (R, 23)
- Aaron Pilkington (R, 45)
Latest actions
- : Notification that HB1001 is now Act 1
- : Correctly enrolled and ordered transmitted to the Governor's Office.
- : TO BE ENROLLED
- : Returned from the Senate as passed.
- : Returned to the House as passed.
- : Read the third time and passed.
- : Returned by the Committee, with the recommendation that it Do Pass
- : Read first time, rules suspended, read second time, referred to REVENUE & TAX - SENATE
- : Received from the House.
- : Read the third time and passed and ordered transmitted to the Senate.
Votes
- Senate Roll Call #1637 (May 6, 2026): 27 yea, 6 nay, passed
- House Roll Call #1695 (May 5, 2026): 79 yea, 17 nay, passed
Common questions
- What is HB1001?
- HB1001 is a bill in the Arkansas Legislature (95th General Assembly (2026 Special)): TO REDUCE THE INCOME TAX RATES FOR INDIVIDUALS, TRUSTS, ESTATES, AND CORPORATIONS.
- What does HB1001 do?
- In its own words: An act to be entitled an act to reduce income taxes; to reduce the income tax rates for individuals, trusts, estates, and corporations; and for other purposes. subtitle to reduce the income tax rates for individuals, trusts, estates, and corporations.
- What is the status of HB1001?
- Chaptered as of May 6, 2026. Latest action: Notification that HB1001 is now Act 1 (May 6, 2026).
- Who sponsored HB1001?
- Les Eaves (R, 58), with 11 co-sponsors.
- Where is the official record for HB1001?
- On the Arkansas Legislature website: https://www.arkleg.state.ar.us/Bills/Detail?ddBienniumSession=2025%2F2026S1&measureno=HB1001
Source: official Arkansas record. Tracked by Delilah, AI for legislation across all 50 states and Congress.