Bill
Bill > HB1796
AR HB1796
To Amend The Time Limitations For Tax Assessments, Collections, Refunds, And Prosecution; And To Limit The Time Available For A Tax Audit.
summary
Introduced
03/01/2017
03/01/2017
In Committee
03/02/2017
03/02/2017
Crossed Over
03/03/2017
03/03/2017
Passed
Dead
05/01/2017
05/01/2017
Introduced Session
91st General Assembly
Bill Summary
To Amend The Time Limitations For Tax Assessments, Collections, Refunds, And Prosecution; And To Limit The Time Available For A Tax Audit.
AI Summary
This bill amends Arkansas' tax laws to shorten the time limitations for tax assessments, collections, refunds, and prosecutions from 10 years to 7 years. It also limits the time available for a tax audit to 7 years from the date the relevant tax return was required to be filed or was actually filed, whichever is earlier. The bill is effective for tax years beginning on or after January 1, 2017.
Committee Categories
Budget and Finance
Sponsors (20)
Alan Clark (R)*,
J.P. Mickey Gates (R)*,
Bob Ballinger (R),
Mary Bentley (R),
Bruce Cozart (R),
Kim Hendren (R),
Grant Hodges (R),
Douglas House (R),
Timothy Lemons (R),
Robin Lundstrum (R),
Andy Mayberry (R),
Aaron Pilkington (R),
Marcus Richmond (R),
Laurie Rushing (R),
Brandt Smith (R),
Nelda Speaks (R),
Dan Sullivan (R),
Dwight Tosh (R),
DeAnn Vaught (R),
Richard Womack (R),
Last Action
House Revenue & Taxation (08:00 3/31/2017 Room 151) (on 03/31/2017)
bill text
bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://www.arkleg.state.ar.us/assembly/2017/2017R/Pages/BillInformation.aspx?measureno=HB1796 |
| BillText | http://www.arkleg.state.ar.us/assembly/2017/2017R/Bills/HB1796.pdf |
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