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AR HB1732

Bill

Official Source

Status

Passed

4/17/2025

Primary Sponsor

Deann Vaught

Click for details

Origin

House of Representatives

95th General Assembly (2025 Regular)

AI Summary

  • Doubles the income tax deduction for teachers' classroom investment expenses from $500 to $1,000 per individual taxpayer
  • Increases the deduction limit for married couples filing jointly (where both spouses are teachers) from $1,000 to $2,000
  • Amends Arkansas Code § 26-51-459(c)
  • Effective for tax years beginning on or after January 1, 2025
  • Approved April 17, 2025 (Act 878 of the Regular Session)

Legislative Description

To Increase The Amount Of The Income Tax Deduction Allowed For A Teacher's Classroom Investment.

Last Action

Notification that HB1732 is now Act 878

4/17/2025

Committee Referrals

Revenue & Taxation4/8/2025
Revenue and Taxation3/10/2025

Full Bill Text

No bill text available