Loading chat...
AR HB1698
Bill
Status
5/5/2025
Primary Sponsor
Randy Torres
Click for details
AI Summary
-
Employer contributions to an employee's healthcare sharing ministry or medical cost-sharing program would be excluded from the employee's gross income for state income tax purposes
-
Employers would receive a tax deduction for contributions made to employees' healthcare sharing ministries or other medical cost-sharing programs, in addition to all other deductions allowed by law
-
Healthcare sharing ministries are defined under Arkansas Code § 23-60-104
-
Effective for tax years beginning on or after January 1, 2026
Legislative Description
To Amend The Law Concerning The Income Tax Treatment Of Employer Contributions For An Employee's Membership In A Healthcare Sharing Ministry Or Other Medical Cost-sharing Program.
Last Action
Died in House Committee at Sine Die adjournment.
5/5/2025