AR
Arkansas House Bill HB1691

Arkansas 2025 Regular Session

Arkansas House Bill HB1691

Introduced
3/5/25  
Refer
3/5/25  
Report Pass
3/18/25  
Engrossed
3/20/25  
Refer
3/20/25  
Report Pass
3/31/25  
Enrolled
4/2/25  
Chaptered
4/8/25  

Caption

To Provide For Certain Property To Be Exempt From Taxation; And To Provide That Certain Motor Vehicles Used Exclusively For Public Charity Are Exempt From Personal Property Tax.

Impact

The impact of HB1691 will particularly affect public charities within Arkansas. By exempting motor vehicles that are used solely for public charity, the legislation helps these organizations allocate financial resources more effectively towards their core missions rather than being diverted towards tax expenses. Additionally, it draws parallels with existing exemptions for state and local government vehicles, promoting a consistent approach to tax treatment across similar entities involved in public good.

Summary

House Bill 1691 proposes essential amendments to the Arkansas tax code, specifically seeking to provide exemptions from property taxation for certain types of property. This legislation is designed to extend and clarify existing tax relief for public charities, allowing them to maintain their operations without the additional burden of personal property tax on vehicles used exclusively for charitable purposes. The bill aims to support public charities, which often rely on their limited financial resources to serve community needs effectively.

Contention

While there may not be widespread opposition to the bill as it supports charitable organizations, some contention could arise regarding the definition of what qualifies as a public charity and how strictly the exemption criteria will be enforced. Opponents might argue that such tax exemptions could lead to abuse by organizations that do not operate solely for public charity, thereby necessitating clear guidelines and oversight mechanisms to prevent misuse.

Companion Bills

No companion bills found.

Previously Filed As

AR HJR1012

An Amendment To The Arkansas Constitution Providing That The General Assembly May Enact Laws Exempting Property From Taxation.

AR HB1475

To Identify The Intangible Personal Property Of Self-service Storage Facilities That Is Exempt From Property Taxes; And To Require A County Assessor To Provide An Explanation Related To A Taxpayer's Intangible Personal Property.

AR SB133

To Increase The Sales And Use Tax Exemption For Used Motor Vehicles; And To Repeal The Special Rate Of Tax For Certain Used Motor Vehicles, Trailers, And Semitrailers.

AR HB1190

To Provide A Sales And Use Tax Exemption For Certain Utilities Used By A Swine Farm.

AR HB1730

To Provide That Buildings Used As Dedicated Church Property Are Exempt From Property Tax Regardless Of Whether The Building Is Owned Or Leased By The Church Using The Property.

AR HB1465

To Provide A State Sales Tax Exemption For Disabled Veterans.

AR HB1654

To Provide Sales And Use Tax Exemptions For Data Centers; And To Provide A Sales And Use Tax Exemption For Data Center Equipment, Data Center Costs, Certain Services Provided To A Data Center, And Electricity Used By A Data Center.

AR SB427

To Provide An Exemption For Special Events To Allow Certain New Motor Vehicle Dealers And New Motor Vehicle Manufacturers Or Distributors To Display And Sell Certain Vehicles At Certain Special Events.

AR SB134

To Increase The Sales And Use Tax Exemption For Used Motor Vehicles; And To Amend The Reduced Sales And Use Tax Rate Applicable To Purchases Of Used Motor Vehicles.

AR HB1454

To Amend The Definition Of A Homestead For Purposes Of Property Taxation; And To Provide That Certain Dwellings Owned By A Limited Liability Company Qualify As A Homestead.

Similar Bills

No similar bills found.