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AR HCR1009

Concurrent Resolution

Status

Failed

3/9/2012

Primary Sponsor

Larry Cowling

Click for details

Origin

House of Representatives

88th General Assembly (2012 Fiscal)

AI Summary

  • Authorizes Representative Cowling to introduce a bill to repeal Acts 2011, No. 1058, effective July 1, 2012
  • Repeals sales and use tax exemptions for Class Six and Class Seven trucks registered with the International Registration Plan and engaged in interstate commerce
  • Repeals sales and use tax exemptions for all semitrailers
  • Eliminates the offset of general revenues lost from these exemptions using distillate motor fuel tax revenues
  • Restores Arkansas Code Sections to their status prior to Acts 2011, No. 1058

Legislative Description

To Authorize The Introduction Of A Nonappropriation Bill To Repeal Acts 2011, No. 1058, That Exempted From The Sales And Use Tax The Gross Receipts Derived From The Sale Of Certain Trucks And Semitrailers.

Last Action

House Died in Senate Sine Die Adjournment.

3/9/2012

Full Bill Text

No bill text available