AR HB1216 | 2025 | 95th General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 23 2025 - 25% progression
Action: 2025-01-23 - Read the first time, rules suspended, read the second time and referred to the Committee on REVENUE & TAXATION- HOUSE
Pending: House Revenue and Taxation Committee
Text: Latest bill text (Draft #1) [PDF]
Status: Introduced on January 23 2025 - 25% progression
Action: 2025-01-23 - Read the first time, rules suspended, read the second time and referred to the Committee on REVENUE & TAXATION- HOUSE
Pending: House Revenue and Taxation Committee
Text: Latest bill text (Draft #1) [PDF]
Summary
To Create The Free Market Zones Act; And To Exempt A Business Located In An Opportunity Zone From The Income Tax, The Corporate Franchise Tax, And The Elective Pass-through Entity Tax.
Title
To Create The Free Market Zones Act; And To Exempt A Business Located In An Opportunity Zone From The Income Tax, The Corporate Franchise Tax, And The Elective Pass-through Entity Tax.
Sponsors
| Rep. Wayne Long [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-23 | House | Read the first time, rules suspended, read the second time and referred to the Committee on REVENUE & TAXATION- HOUSE |
| 2025-01-23 | House | Filed |
Arkansas State Sources
| Type | Source |
|---|---|
| Summary | https://arkleg.state.ar.us/Bills/Detail?id=hb1216&ddBienniumSession=2025%2F2025R |
| Text | https://arkleg.state.ar.us/Home/FTPDocument?path=%2FBills%2F2025R%2FPublic%2FHB1216.pdf |
