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AR HB1873

Bill

Status

Introduced

4/5/2021

Primary Sponsor

Howard Beaty

Click for details

Origin

House of Representatives

93rd General Assembly (2021 Regular)

AI Summary

  • Permits county and city governments to request lists of vendors holding permits under the Arkansas Gross Receipts Act of 1941 from the Department of Finance and Administration.

  • Changes request submission requirement from "in writing" to "submitted electronically" and removes the August 1 deadline, allowing requests at any time.

  • Requires reports to include vendor names, tax identification numbers, and total taxes collected by each vendor, compiled from valid permit holders as of September 1 and delivered electronically after October 1.

  • Allows the department to charge a reasonable fee based on the number of permit holders, with fees deposited into the State Central Services Fund to reimburse department costs.

  • Requires city and county governments to register for an Arkansas Taxpayer Access Point account to receive reports, maintains confidentiality of received information, and prohibits the department from discussing report details with requesters or third parties.

  • Effective January 1, 2022.

Legislative Description

To Amend The Requirements Concerning The Tax Information That Shall Be Provided To A City Or County By The Department Of Finance And Administration.

Last Action

Recommended for study in the Interim by Joint Interim Committee on CITY, COUNTY & LOCAL AFFAIRS COMMITTEE- HOUSE

4/27/2021

Committee Referrals

City, County and Local Affairs4/5/2021

Full Bill Text

No bill text available