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AR SB462

Bill

Official Source

Status

Passed

4/11/2023

Primary Sponsor

Jonathan Dismang

Click for details

Origin

Senate

94th General Assembly (2023 Regular)

AI Summary

  • Extends the application period for Arkansas major historic rehabilitation income tax credits from June 30, 2025 to June 30, 2030
  • Division of Arkansas Heritage accepts applications beginning July 1, 2020 through the new deadline of June 30, 2030
  • Credits approved under applications submitted on or before June 30, 2030 may be claimed until exhausted or expired
  • Amends Arkansas Code § 26-51-2607
  • Approved April 11, 2023

Legislative Description

To Extend The Application Period For The Arkansas Major Historic Rehabilitation Income Tax Credit Act.

Last Action

Notification that SB462 is now Act 651

4/11/2023

Committee Referrals

Revenue and Taxation3/30/2023
Revenue & Taxation3/23/2023

Full Bill Text

No bill text available