Loading chat...

AR HB1400

Bill

Status

Failed

5/1/2023

Primary Sponsor

Ashley Hudson

Click for details

Origin

House of Representatives

94th General Assembly (2023 Regular)

AI Summary

  • Amends Arkansas Code Title 26, Chapter 51, Subchapter 5 to add a new tax credit section for employers providing paid family and medical leave
  • Adopts federal tax credit under Title 26 U.S.C. § 45S as in effect January 1, 2022 for Arkansas income tax purposes
  • Applies to employers who provide paid family and medical leave to employees on or after January 1, 2023
  • Effective for tax years beginning on or after January 1, 2023

Legislative Description

To Adopt The Federal Tax Credit For Employers Who Provide Paid Family And Medical Leave For Their Employees.

Last Action

Died in House Committee at Sine Die Adjournment

5/1/2023

Committee Referrals

Revenue and Taxation2/13/2023

Full Bill Text

No bill text available