Loading chat...

AR SB408

Bill

Official Source

Status

Passed

4/18/2025

Primary Sponsor

Blake Johnson

Click for details

Origin

Senate

95th General Assembly (2025 Regular)

AI Summary

  • Exempts from Arkansas state income tax payments made to taxpayers by the USDA under programs authorized by Division B, Title I of the American Relief Act of 2025 (Pub. L. No. 118-158)

  • Amends Arkansas Code § 26-51-316(a), which already provides exemptions for USDA Market Facilitation Program payments and federal COVID-19 recovery rebates

  • Effective for tax years beginning on or after January 1, 2025

  • Approved on April 16, 2025 as Act 696 of the Regular Session

Legislative Description

To Provide An Income Tax Exemption For Certain Payments By The United States Department Of Agriculture.

Last Action

Notification that SB408 is now Act 696

4/18/2025

Committee Referrals

Revenue and Taxation4/3/2025
Revenue & Taxation3/10/2025

Full Bill Text

No bill text available