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Bill > HB1388


AR HB1388

AR HB1388
To Exempt Certain Storage Services From Sales Tax; And To Exempt The Service Of Furnishing Accommodations By A Tourist Camp Or A Tourist Court From Sales Tax, As Affirmed By Referred Act 19 Of 1958.


summary

Introduced
02/04/2025
In Committee
02/04/2025
Crossed Over
Passed
Dead
05/05/2025

Introduced Session

Potential new amendment
95th General Assembly (2025 Regular)

Bill Summary

AN ACT TO AMEND THE SERVICES TO WHICH SALES TAX APPLIES; TO EXEMPT CERTAIN STORAGE SERVICES FROM SALES TAX; TO EXEMPT THE SERVICE OF FURNISHING ACCOMMODATIONS BY A TOURIST CAMP OR A TOURIST COURT FROM SALES TAX; AND FOR OTHER PURPOSES.

AI Summary

This bill amends Arkansas' tax law to modify sales tax provisions for certain services. Specifically, the bill removes sales tax requirements for tourist camps and tourist courts providing accommodations, effectively exempting these types of lodging from sales tax. Additionally, the bill repeals existing sales tax provisions related to boat storage and docking fees, as well as the taxation of camping or trailer spaces at campgrounds on a short-term basis. The changes will take effect on the first day of the calendar quarter following the bill's enactment. By eliminating these specific tax obligations, the bill aims to reduce the tax burden on certain tourism and storage-related services in Arkansas, potentially making these services more affordable for consumers and more competitive for businesses in these sectors.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Died in House Committee at Sine Die adjournment. (on 05/05/2025)

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