Loading chat...
AR HB1235
Bill
Status
5/1/2023
Primary Sponsor
Cindy Crawford
Click for details
AI Summary
-
Adds a new section (26-52-455) to Arkansas Code establishing a sales tax exemption for nonprofits certified to work with people diagnosed with developmental disabilities or delays
-
Defines "diagnosed with a developmental disability or developmental delay" to include intellectual disabilities, cerebral palsy, epilepsy, spina bifida, Down syndrome, autism, related conditions, or dyslexia that originate before age 22 and require ongoing support services
-
Exempts all gross receipts from tangible personal property and service sales to certified nonprofits from state gross receipts tax and compensating use tax under the Arkansas Compensating Tax Act of 1949
-
Requires nonprofits to apply for and obtain certification from the Department of Finance and Administration before claiming the exemption, demonstrating they work with people in Arkansas diagnosed with developmental disabilities
-
Takes effect on the first day of the calendar quarter following the bill's effective date
Legislative Description
To Create An Exemption From Sales Tax For All Purchases By A Nonprofit That Works With Arkansas Citizens Who Have Been Diagnosed With A Developmental Disability Or Developmental Delay.
Last Action
Died in House Committee at Sine Die Adjournment
5/1/2023