Loading chat...

AR HB1792

Bill

Official Source

Status

Failed

5/17/2013

Primary Sponsor

John Baine

Click for details

Origin

House of Representatives

89th General Assembly (2013 Regular)

AI Summary

  • Increases the standard deduction for Arkansas income tax purposes from $2,000 to $3,000 per taxpayer
  • Applies the $3,000 standard deduction to each spouse in the case of married couples filing jointly
  • Effective for tax years beginning on or after January 1, 2013
  • Amends Arkansas Code § 26-51-430(b)

Legislative Description

To Reduce Taxes By Increasing The Standard Deduction.

Last Action

Died in House Committee at Sine Die adjournment.

5/17/2013

Committee Referrals

Revenue and Taxation3/7/2013

Full Bill Text

No bill text available