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Pending Bills We Support
Our tax package includes these four bills because the Tax Foundation has identified these measures as critical to improving Arkansas’ tax competitiveness ranking. All await consideration in the House Revenue and Taxation Committee.
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HB 1500 – Repeals the throwback rule
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HB 1501 – Aligns Arkansas’ income tax law with federal standards for expensing depreciable business assets
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HB 1538 – Extends the net operating loss carryforward period
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HB 1750 – Repeals the franchise tax
Other bills we support:
HB 1435 – Provides income tax credits for childcare. We support this bill.
HB 1446 – Seeks to amend the Arkansas Workforce Challenge Scholarship Program. House Education Committee. We support this bill.
HB 1469 – Establishes the Broadband Expansion and Efficiency Act. House Revenue and Taxation Committee. We support this bill.
HB 1571 – Amends the Arkansas Adult Diploma Program Act. This bill is on the Senate calendar. We support this bill.
HB 1706 – Prohibits ranked choice voting. Senate State Agencies Committee. We support this bill.
HB 1807 – Amends the sales tax exemption for aircraft held for resale and used for rental or charter and clarifies eligibility for the exemption. House Revenue and Taxation Committee. We support this bill.
SB 322 – Allows third parties to review plans and perform site inspections. It is on the House calendar. We support this bill.
SB 390 – Creates an apprenticeship program. House Education Committee. We support this bill.
SB 462 – Provides for re-entering convicted persons to obtain a certificate of employability which will then provide some protection to employers for alleged “negligent hiring.” It is on the Senate calendar. We join the Arkansas Society of Human Resource Managers (ARSHRM} in support of this bill.
SB 537 – Establishes the Earning Safe Reentry Through Work Act, allowing individuals on probation, parole, or post-release supervision to earn time credits through employment. Passed 33-0 in the Senate yesterday and has been assigned to the House Judiciary Committee. We join ARSHRM in support of this bill.
Arkansas Economic Development Commission Bills That We Support
HB 1435 – Rep. Brandon Achor and Sen. Jane English
To amend the law concerning income tax credits for childcare; amend the income tax credit for employer-provided childcare; provide an income tax credit for licensed child care providers; and declare an emergency.
Bill History: 03/04/25 – Moved to the deferred list in the House Revenue and Taxation Committee. We support this bill.
HB 1444 – Rep. Aaron Pilkington and Sen. Jonathan Dismang
To amend the sales and use tax exemption for data centers.
Bill History: 04/03/25 – Reported from committee with a "Do Pass" recommendation in the House Revenue and Taxation Committee. We support this bill.
HB 1797 – Rep. Howard Beaty and Sen. Ben Gilmore
To amend the law concerning the Arkansas Development Finance Authority and a portion of the Arkansas Code resulting from Initiated Act 1 of 2000; and to declare an emergency.
Bill History: 04/03/25 – Scheduled for a meeting at 10:00 AM in the Old Supreme Court Room, Senate State Agencies Committee. We support this bill.
HB 1922 – Rep. John Maddox and Sen. Jonathan Dismang
To amend the Consolidated Incentive Act of 2003; create an income tax credit for relocating corporate headquarters to Arkansas; and encourage corporate relocations to the state.
Bill History: 04/03/25 – Scheduled for a meeting at 10:00 AM in Room 151, House Revenue and Taxation Committee. We support this bill.
HJR 1014 – Rep. Howard Beaty and Sen. Jonathan Dismang
A constitutional amendment concerning economic development in Arkansas; authorizing the General Assembly to create economic development districts to promote economic growth.
Bill History: 04/02/25 – Scheduled for a meeting at 10:00 AM in Room 151, House State Agencies Committee. We support this bill.
SB 218 – Sen. Jonathan Dismang and Rep. Trey Steimel
To amend the Arkansas Small Business Innovation Research Matching Grant Program.
Bill History: 04/02/25 – Enrolled in the Senate and sent to the Governor. We support this bill.
SB 361 – Sen. Tyler Dees and Sen. Howard Beaty
To create the Industrial Development Authorities Expansion Act, providing for the creation of industrial development authorities to secure and develop industry and foster economic development.
Bill History: 04/03/25 – Placed on the House calendar. We support this bill.
SB 465 – Sen. Breanne Davis and Rep. Carol Dalby
To provide a sales and use tax refund for speculative development projects; require concurrent financial incentive agreements under the Consolidated Incentive Act of 2003.
Bill History: 03/27/25 – Moved to the deferred list in the Senate Revenue and Taxation Committee. We support this bill.
SB 560 – Sen. Jane English and Rep. Dwight Tosh
To decrease the base contribution rate; increase the administrative assessment rate; increase funding for the skilled workforce in the state; and amend the Division of Workforce Services Training Trust Fund.
Bill History: 04/03/25 – Passed the Senate 33-0. We support this bill.
SB 568 – Rep. Steve Crowell and Rep. Lane Jean
To amend the law concerning taxes applicable to lithium extraction and development; provide a sales and use tax exemption for lithium resource development; and amend the severance tax on lithium.
Bill History: 04/01/25 – Moved to the deferred list in the Senate Revenue and Taxation Committee. We support this bill.
SJR 15 – Sen. Jonathan Dismang and Rep. Howard Beaty
A constitutional amendment concerning economic development in Arkansas; authorizing the General Assembly to create economic development districts to promote economic growth.
Bill History: 04/03/25 – Scheduled for a meeting at 10:00 AM in the Old Supreme Court Room, Senate State Agencies Committee. We support this bill.
To view the status of each of the bills we support, click HERE.
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