Bill > HB1862

This bill amends Arkansas state income tax laws related to supporting individuals with disabilities by increasing the tax credit for maintaining, supporting, and caring for an individual with a developmental disability and repealing an existing tax deduction for caring for a totally and permanently disabled child. Specifically, the bill increases the tax credit from $500 to $750 for each income year for an individual with a developmental disability, modifies the definition of developmental disability to reference the federal definition under 42 U.S.C. §15002, and expands the list of professionals who can certify a developmental disability to include advanced practice registered nurses and physician assistants. The bill also broadens the definition of "individual" to include dependents, rather than limiting it to children. Additionally, the bill removes the previous detailed definition of developmental disability that specified certain conditions and age requirements. These changes will take effect for tax years beginning on or after January 1, 2025, providing taxpayers with a more generous and flexible tax credit for supporting individuals with developmental disabilities.

Budget and Finance

https://arkleg.state.ar.us/Bills/Detail?id=hb1862&ddBienniumSession=2025%2F2025R