To Amend The Sales And Use Tax Laws Concerning Exemptions Related To Certain Machinery And Equipment; And To Allow A Sales And Use Tax Exemption For Certain Machinery And Equipment Placed In Inventory.
To Include Machinery And Equipment Used In Research And Development In The Sales And Use Tax Exemption For Certain Machinery And Equipment Used In Manufacturing.
To Require Specific Performance As The Remedy For The Breach Of Contracts That Include Certain Precious Metals As Consideration; And To Exclude From Gross Income Any Gain Realized From The Sale Of Certain Precious Metals.
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.
To Create An Exemption From Sales Tax For All Purchases By A Nonprofit That Works With Arkansas Citizens Who Have Been Diagnosed With A Developmental Disability Or Developmental Delay.