AR HB1772

Exempts gross receipts from sales of tangible personal property, digital products, digital codes, or services to parent teacher organizations, parent teacher associations, or similar 501(c)(3) organizations affiliated with public schools from sales tax.

Excludes public school fundraising events sponsored by parent teacher organizations, parent teacher associations, or similar organizations from the definition of "special events" subject to sales tax if ticket sales are conducted by school personnel, students, parents, and community volunteers/businesses.

Requires that gross proceeds from excluded school fundraising events be used to directly assist the public school in fulfilling its educational mission.

Defines "public school" to include schools operated by public school districts or open-enrollment public charter schools.

Effective date is the first day of the calendar quarter following the date the act becomes law.