Bill > HB1465

This bill provides a state sales tax exemption for disabled veterans and certain household members of disabled veterans. Specifically, it exempts the gross receipts and gross proceeds derived from the sale of tangible personal property, specified digital products, digital codes, or services to a disabled veteran from the state's gross receipts tax. The exemption includes sales to a member of the disabled veteran's household who is authorized to make purchases on behalf of the veteran. However, it does not apply to local sales and use taxes or the compensating use tax. To qualify, a disabled veteran must submit a letter from the U.S. Department of Veterans Affairs certifying that they meet the eligibility criteria. The bill also amends various provisions in Arkansas law to ensure the exemption applies to other sales and use taxes.

Budget and Finance

https://www.arkleg.state.ar.us/Bills/Detail?id=hb1465&ddBienniumSession=2023%2F2023R