Arkansas SB1: TO REDUCE THE INCOME TAX RATES FOR INDIVIDUALS, TRUSTS, ESTATES, AND CORPORATIONS

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, April 30, 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 $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% *JLL442* 04/30/2026 11:37:28 AM JLL442 SB1 (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 …

Read the full official text

Sponsors

• Jonathan Dismang (R, 18) · primary sponsor
• Les Eaves (R, 58)
• Justin Boyd (R, 27)
• Joshua Bryant (R, 32)
• Ronald Caldwell (R, 10)
• Alan Clark (R, 7)
• Steve Crowell (R, 3)
• Breanne Davis (R, 25)
• Tyler Dees (R, 35)
• Jim Dotson (R, 34)
• Jane English (R, 13)
• Scott Flippo (R, 23)

Latest actions

1. May 6, 2026: Notification that SB1 is now Act 2
2. May 6, 2026: DELIVERED TO GOVERNOR.
3. May 6, 2026: Reported correctly enrolled and ordered delivered to the Governor.
4. May 6, 2026: ORDERED ENROLLED
5. May 6, 2026: Returned from the House as passed.
6. May 6, 2026: Returned to the Senate as passed.
7. May 6, 2026: Read the third time and passed and ordered transmitted to the Senate.
8. May 5, 2026: Returned by the Committee Do Pass
9. May 5, 2026: Read the first time, rules suspended, read the second time and referred to the Committee on REVENUE & TAXATION- HOUSE
10. May 5, 2026: RECEIVED FROM THE SENATE

Votes

• House Roll Call #1697 (May 6, 2026): 79 yea, 18 nay, passed
• Senate Roll Call #1634 (May 5, 2026): 29 yea, 6 nay, passed

Common questions

What is SB1?

SB1 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 SB1 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 SB1?

Chaptered as of May 6, 2026. Latest action: Notification that SB1 is now Act 2 (May 6, 2026).

Who sponsored SB1?

Jonathan Dismang (R, 18), with 11 co-sponsors.

Where is the official record for SB1?

On the Arkansas Legislature website: https://www.arkleg.state.ar.us/Bills/Detail?ddBienniumSession=2025%2F2026S1&measureno=SB1