Bill > HB1699

This bill amends Arkansas sales tax holiday regulations to include firearm safety devices and firearm storage devices as tax-exempt items. Specifically, the bill defines "firearm safety device" as a mechanism designed to prevent unauthorized firearm access or operation, excluding firearms that already have such a device installed. "Firearm storage device" is defined as a secure container for safely storing firearms, which can be locked using a combination lock, key lock, or biometric lock. The bill adds these devices to the existing sales tax holiday, which occurs during the first weekend of August each year. An emergency clause is included, with the rationale that the bill will help address the state's mental health crisis by incentivizing the purchase of safety and storage devices for firearms during the tax-free period. The bill requires the Department of Finance and Administration to notify sellers by June 1, 2025, about these additions to the sales tax holiday, and it will become effective immediately upon approval by the Governor or through other specified legislative processes.

Budget and Finance

https://arkleg.state.ar.us/Bills/Detail?id=hb1699&ddBienniumSession=2025%2F2025R