AR HB2230

Amends Arkansas Code § 26-18-303(b)(14) to add the names of corporation members to disclosable information from corporate franchise tax reports, alongside existing disclosures of name, address, officer names, capital stock information, and state of incorporation.

Amends Arkansas Code § 26-54-105(h) to similarly add names of each corporation member to the list of franchise tax report information available for public inspection.

Provides special confidentiality protection for member names in Small Business Entity Tax Pass Through Act organizations, keeping them confidential unless the members hold management positions (manager, president, vice president, secretary, treasurer, or controller) or the organization has no registered agent for service of process.

Declares an emergency clause stating the disclosure of this information is necessary to protect the public interest and prevent conflicts of interest, allowing the act to take effect upon gubernatorial approval, expiration of the veto period, or veto override.