Comments: AR HB1501 | 2025 | 95th General Assembly

Bill Title: To Adopt Federal Income Tax Law Regarding Depreciation And The Expensing Of Property; And To Increase The Amount Allowed For The Expensing Of Certain Depreciable Business Assets To The Amount Allowed Under Federal Law.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced) 2025-02-17 - Read the first time, rules suspended, read the second time and referred to the Committee on REVENUE & TAXATION- HOUSE [HB1501 Detail]

Text: Latest bill text (Draft #1) [PDF]

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