AR HB1809

Exempts sales and use tax on qualified plug-in electric drive vehicles under Arkansas Gross Receipts Act of 1941 and Compensating Tax Act of 1949

Defines qualified vehicles as four-wheeled motor vehicles with battery capacity of at least 4 kilowatt hours, capable of external recharging, maximum speed of 55+ mph, and unloaded weight not exceeding 8,500 pounds

Limits exemption to maximum of $2,000 per vehicle purchase, with individual taxpayers limited to one vehicle and business entities limited to ten vehicles

Requires vehicles to be registered in Arkansas and owners to comply with state and federal clean-fuel or electric vehicle laws during the calendar year the vehicle is titled

Applies only to vehicles acquired by taxpayers on or before December 31, 2013, with implementation rules to be promulgated by the Department of Finance and Administration