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AR HB1764

Bill

Status

Failed

4/24/2019

Primary Sponsor

Julie Mayberry

Click for details

Origin

House of Representatives

92nd General Assembly (2019 Regular)

AI Summary

  • Amends Arkansas Code § 26-52-401 to add a new exemption from gross receipts tax for sales of used textbooks to students enrolled in institutions of higher education.

  • Defines "institution of higher education" as an accredited postsecondary educational institution, college, or university.

  • Defines "textbook" as a traditional book or trade book in printed and bound form that is published primarily for use by students in the classroom.

  • Effective on the first day of the calendar quarter following the act's effective date.

Legislative Description

To Provide A Sales And Use Tax Exemption For The Sale Of Used Textbooks To Students Enrolled In An Institution Of Higher Education.

Last Action

Died on House Calendar at Sine Die Adjournment

4/24/2019

Committee Referrals

Revenue and Taxation3/11/2019

Full Bill Text

No bill text available