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Bill > HB1732

AR HB1732

AR HB1732
To Increase The Amount Of The Income Tax Deduction Allowed For A Teacher's Classroom Investment.

summary

Introduced
03/10/2025
In Committee
04/10/2025
Crossed Over
04/08/2025
Passed
04/15/2025
Dead
Signed/Enacted/Adopted
04/17/2025

Introduced Session

95th General Assembly (2025 Regular)

Bill Summary

AN ACT TO AMEND THE LAW CONCERNING TAX BENEFITS FOR TEACHERS; TO INCREASE THE AMOUNT OF THE INCOME TAX DEDUCTION ALLOWED FOR A TEACHER'S CLASSROOM INVESTMENT; AND FOR OTHER PURPOSES.

AI Summary

This bill amends Arkansas tax law to increase the income tax deduction allowed for teachers who invest their own money in classroom expenses. Specifically, the bill raises the individual teacher tax deduction from $500 to $1,000, and for married teachers filing jointly, the deduction increases from $1,000 to $2,000. This means that teachers can now deduct a higher amount of out-of-pocket expenses for classroom supplies and materials from their state income taxes, providing greater financial relief for educators who often spend their own money on school resources. The changes will take effect for tax years beginning on or after January 1, 2025, giving teachers an expanded tax benefit to help offset the personal costs they incur while supporting their students and classrooms.

Committee Categories

Budget and Finance

Sponsors (41)

Greg Leding (D)*,  DeAnn Vaught (R)*,  Wade Andrews (R),  Karilyn Brown (R),  Matt Brown (R),  Joey Carr (R),  Fran Cavenaugh (R),  Nicole Clowney (D),  Andrew Collins (D),  Cindy Crawford (R),  Steve Crowell (R),  Les Eaves (R),  Denise Garner (D),  Zack Gramlich (R),  Kim Hammer (R),  Mike Holcomb (R),  Ashley Hudson (D),  Jack Ladyman (R),  John Maddox (R),  Steve Magie (D),  Rick McClure (R),  Tippi McCullough (D),  Mark McElroy (R),  Richard McGrew (R),  Jessie McGruder (D),  Ron McNair (R),  Jon Milligan (R),  Jeremiah Moore (R),  Kendra Moore (R),  Stetson Painter (R),  Scott Richardson (R),  Marcus Richmond (R),  Johnny Rye (R),  Joy Springer (D),  Steve Unger (R),  Steven Walker (R),  Dave Wallace (R),  Les Warren (R),  David Whitaker (D),  Jeremy Wooldridge (R),  Jim Wooten (R), 

Last Action

Notification that HB1732 is now Act 878 (on 04/17/2025)

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