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AR SB360

Bill

Official Source

Status

Failed

5/1/2023

Primary Sponsor

Ben Gilmore

Click for details

Origin

Senate

94th General Assembly (2023 Regular)

AI Summary

  • Amends Arkansas Code § 26-52-437(b) to expand the sales tax exemption for textbooks, library books, and other instructional materials
  • Extends the existing exemption to include purchases by public libraries, academic libraries, and the Arkansas State Library
  • Maintains the current exemption for Arkansas school districts, public schools receiving state funding, and the State of Arkansas when distributing materials to schools
  • Becomes effective on the first day of the calendar quarter following the bill's effective date

Legislative Description

To Provide A Sales Tax Exemption For Textbooks, Library Books, And Other Instructional Materials Purchased By Libraries.

Last Action

Sine Die adjournment

5/1/2023

Committee Referrals

Revenue & Taxation3/6/2023

Full Bill Text

No bill text available