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AR SB420

Bill

Status

Passed

4/13/2021

Primary Sponsor

Jonathan Dismang

Click for details

Origin

Senate

93rd General Assembly (2021 Regular)

AI Summary

  • Extends the Arkansas state income tax return filing deadline by one (1) month after the federal return due date for taxpayers who request an automatic federal extension and attach a copy of the request to their state return.

  • Extends the Arkansas state income tax return filing deadline by one (1) month after the federal return due date for taxpayers who receive a federal extension beyond the automatic extension and attach the federal extension document to their state return.

  • Eliminates the previous requirement that the Arkansas extended deadline match the federal extended deadline, reducing compliance burden on taxpayers and tax professionals.

  • Effective for tax years beginning on or after January 1, 2021.

  • Approved April 12, 2021.

Legislative Description

To Amend The Law Concerning Extensions Of Time To File Income Tax Returns; And To Extend The Extended Deadline For Filing A State Income Tax Return.

Last Action

Notification that SB420 is now Act 629

4/13/2021

Committee Referrals

Revenue and Taxation4/1/2021
Revenue & Taxation3/1/2021

Full Bill Text

No bill text available