AR HB1565

Permits automatically expire when business operations cease at the permitted location, ownership changes, or a final business closure order is issued under § 26-18-1001 et seq.

Section 26-18-601 does not apply to permits that automatically expire under the new expiration provisions.

Unpaid taxes at the time of business discontinuance constitute a lien against the business stock, fixtures, and equipment in the hands of the taxpayer, purchaser, or any third party until taxes are paid.

Director shall not issue a permit to any person substantially connected to a business owing past due taxes until those taxes are paid; "substantially connected" includes owners, operators, partners, officers, or directors of entities that incurred past due taxes.

The act is effective on the first day of the calendar quarter following the effective date.