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AR HB1384
Bill
Status
Failed
4/22/2015
Primary Sponsor
Charles Collins
Click for details
AI Summary
- Amends Arkansas Code § 26-51-201(a)(9) to modify individual income tax rates for tax years beginning January 1, 2016
- Applies to residents, individuals, trusts, and estates with net income over $75,000
- Reduces the top marginal tax rate from 6.9% to 6.8% for income of $35,100 and above
- Maintains existing tax brackets for income levels from $0 to $35,099 with rates ranging from 0.9% to 6%
Legislative Description
To Reduce Income Taxes.
Last Action
Died in House Committee at Sine Die adjournment.
4/22/2015
Committee Referrals
Revenue and Taxation3/17/2015
Full Bill Text
No bill text available