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AR HB1112
Bill
Status
Failed
4/22/2015
Primary Sponsor
Warwick Sabin
Click for details
AI Summary
- Amends Arkansas Code § 26-52-430(b) to remove a provision allowing charitable organizations to claim sales tax exemption for transactions where the dominant motive of purchasers is making a charitable contribution rather than purchasing items
- Maintains three existing requirements for sales tax exemption: transactions must be conducted by organization members (not franchisees or licensees), all proceeds must go to the charitable organization, and sales must occur no more than three times per year
- Deletes the fourth criterion regarding dominant motive of purchasers being charitable contribution with item purchase being incidental and secondary
- Effective on the first day of the calendar quarter following the effective date of the act
Legislative Description
To Amend The Law Concerning The Sales And Use Tax Exemption For Sales By A Charitable Organization.
Last Action
Died in House Committee at Sine Die adjournment.
4/22/2015
Committee Referrals
Revenue and Taxation1/21/2015
Full Bill Text
No bill text available