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AR HB1241
Bill
Status
3/15/2021
Primary Sponsor
Mark Lowery
Click for details
AI Summary
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Adds the State Insurance Department to the list of entities defined as "claimant agency" entitled to offset delinquent tax collections against state income tax refunds
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Adds the Self-Insured Fidelity Bond Program created under Arkansas Code § 21-2-701 et seq. to the list of claimant agencies
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Requires any entity added as a claimant agency to have an annual outstanding debt of at least $200,000
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Updates the reference point for when entities can be added as claimant agencies from "after July 16, 2003" to "subdivision (1)(A) of this section"
Legislative Description
To Amend The Definition Of "claimant Agency" As Used In The Statutes Concerning Collection Of Delinquent Taxes.
Last Action
Notification that HB1241 is now Act 373
3/15/2021