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AR HB1066

Bill

Official Source

Status

Failed

5/5/2025

Primary Sponsor

David Ray

Click for details

Origin

House of Representatives

95th General Assembly (2025 Regular)

AI Summary

  • Doubles the Arkansas standard deduction from $2,200 to $4,400 per taxpayer beginning January 1, 2026
  • Married couples will each be entitled to claim the $4,400 standard deduction, for a combined $8,800
  • Amends Arkansas Code § 26-51-430(b) to add the new deduction tier while preserving existing rates for prior tax years
  • Sponsored by Representative Ray in the 95th General Assembly Regular Session, 2025

Legislative Description

To Increase The Standard Deduction.

Last Action

Died in House Committee at Sine Die adjournment.

5/5/2025

Committee Referrals

Revenue and Taxation1/13/2025

Full Bill Text

No bill text available