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AR SB338

Bill

Status

Failed

5/5/2025

Primary Sponsor

Ricky Hill

Click for details

Origin

Senate

95th General Assembly (2025 Regular)

AI Summary

  • Sales and use tax exemptions apply to individuals under age 23 enrolled in FFA, 4-H, or similar youth farming programs under agricultural educator guidance

  • Exempt purchases include feed, livestock, poultry, seeds, plants, fertilizer, veterinary medicine and supplies, farm equipment (if student is listed owner), and exhibition tools/supplies

  • Lease or rental of personal property used to produce products for youth farming program projects is exempt from sales and use tax

  • Lodging accommodations for student farmers and their agricultural educators/advisors while exhibiting at livestock shows, fairs, competitions, or conventions are tax exempt

  • Students must file a statement with the Department of Finance and Administration signed by themselves and their agricultural educator to receive an exemption certificate

Legislative Description

To Provide Sales And Use Tax Exemptions For Student Farmers; And To Provide Sales And Use Tax Exemptions For Certain Products And Services To Be Used In Relation To A Project For A Youth Farming Program.

Last Action

Died in Senate Committee at Sine Die adjournment.

5/5/2025

Committee Referrals

Revenue & Taxation2/27/2025

Full Bill Text

No bill text available