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AR HB1485
Bill
Status
5/5/2025
Primary Sponsor
Karilyn Brown
Click for details
AI Summary
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Exempts the Arkansas Veterans Cemetery Foundation from state sales and use taxes on purchases of tangible personal property, digital products, digital codes, and services
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Extends the same tax exemption to other nonprofit organizations that are 501(c)(3) entities registered with the Secretary of State and established to support Veterans' cemeteries, Veterans' homes, or Department of Veterans Affairs facilities in Arkansas
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Qualifying organizations must meet federal tax-exempt status requirements as defined under 26 U.S.C. § 501(c)(3) as it existed on January 1, 2025
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Effective date is the first day of the calendar quarter following the act's passage
Legislative Description
To Create A Sales And Use Tax Exemption For Sales To Certain Organizations That Support Veterans' Facilities.
Last Action
Died in Senate Committee at Sine Die adjournment.
5/5/2025