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AR HB2256
Bill
Status
3/6/2017
Primary Sponsor
Vivian Flowers
Click for details
AI Summary
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Allows Arkansas taxpayers an additional income tax deduction for fitness and nutrition expenses, capped at $1,000 per tax year.
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Deductible fitness and nutrition expenses include costs for workshops, conferences, classes, or programs related to personal physical fitness or nutrition; personal physical fitness equipment; and dietician services.
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Defines "fitness and nutrition expenses" as costs for improving overall physical fitness or nutrition, or addressing a particular physical fitness or nutritional need of the taxpayer.
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Authorizes the Director of the Department of Finance and Administration to promulgate rules to implement the deduction.
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Effective for tax years beginning on and after January 1, 2017.
Legislative Description
To Allow An Income Tax Incentive For Certain Fitness And Nutrition Expenses.
Last Action
Recommended for study in the Interim by Joint Interim Committee on REVENUE & TAXATION- HOUSE
4/3/2017