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AR HB2188

Bill

Official Source

Status

Passed

4/4/2011

Primary Sponsor

Larry Cowling

Click for details

Origin

House of Representatives

88th General Assembly (2011 Regular)

AI Summary

  • Exempts sales and use tax on Class Seven and Class Eight trucks if registered with the International Registration Plan and engaged in interstate commerce
  • Exempts sales and use tax on all semi-trailer sales
  • Applies to gross receipts derived from the sale of these commercial vehicles
  • Sponsored by Representative L. Cowling in the Arkansas 88th General Assembly, Regular Session 2011

Legislative Description

To Exempt From The Sales And Use Tax The Gross Receipts Derived From The Sale Of Class Six And Seven Trucks And Semitrailers And To Offset General Revenues Lost With Revenues From Distillate Motor Fuel Taxes.

Last Action

House Notification that HB2188 is now Act 1058

4/4/2011

Committee Referrals

Revenue and Taxation3/29/2011
Revenue & Taxation3/24/2011
Revenue and Taxation3/7/2011

Full Bill Text

No bill text available