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AR HB1221

Bill

Official Source

Status

Passed

3/28/2017

Primary Sponsor

Warwick Sabin

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Origin

House of Representatives

91st General Assembly (2017 Regular)

AI Summary

  • Amends Arkansas Code § 26-52-430(b) regarding sales tax exemptions for charitable organizations that compete with for-profit businesses
  • Removes the requirement that the dominant motive of purchasers be making a charitable contribution, with item purchase being merely incidental and secondary
  • Requires sales transactions be conducted by organization members (not franchisees or licensees) with all proceeds going to the organization
  • Limits non-competing sales to no more than 3 times per year and prohibits continuing sales transactions
  • Effective on the first day of the calendar quarter following the bill's effective date; approved March 27, 2017

Legislative Description

To Amend The Law Concerning The Sales And Use Tax Exemption For Sales By A Charitable Organization.

Last Action

Notification that HB1221 is now Act 665

3/28/2017

Committee Referrals

Revenue & Taxation3/15/2017
Revenue and Taxation1/19/2017

Full Bill Text

No bill text available