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AR HB1134
Bill
Status
4/27/2011
Primary Sponsor
Andrea Lea
Click for details
AI Summary
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Adds Arkansas Code § 26-52-444 to create a sales tax holiday for disaster-preparedness supplies effective annually from 12:01 a.m. September 10 through 11:59 p.m. September 23.
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Exempts four categories of disaster-preparedness items from gross receipts tax and compensating use tax: fastening supplies (bungee cords, rope, duct tape, tarpaulins), food-related supplies (bottled water, artificial ice, manual can openers), general supplies (batteries, chargers, radios, generators), and safety supplies (detectors, fire extinguishers, first-aid kits).
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Defines "disaster-preparedness supply" as items purchased in preparation or response to disasters including fires, floods, storms, tornadoes, earthquakes, or similar public calamities whether man-made or natural.
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Excludes automobile and marine batteries from the battery exemption definition.
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Becomes effective July 1, 2011, with Department of Finance and Administration required to promulgate implementation rules.
Legislative Description
To Encourage Disaster-preparedness By Exempting Disaster-preparedness Supplies From Sales And Use Tax For A Limited Period Of Time.
Last Action
House Died in House Committee at Sine Die adjournment.
4/27/2011