Stricken language would be deleted from and underlined language would be added to present law.
*CEB162* 02/19/2025 8:46:32 AM CEB162
State of Arkansas 1
95th General Assembly A Bill 2
Regular Session, 2025 SENATE BILL 256 3
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By: Senator J. Dotson 5
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For An Act To Be Entitled 8
AN ACT TO AMEND THE ARKANSAS CORPORATE FRANCHISE TAX 9
ACT OF 1979; TO REDUCE THE MINIMUM FRANCHISE TAX FOR 10
CERTAIN CORPORATIONS; AND FOR OTHER PURPOSES. 11
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Subtitle 14
TO AMEND THE ARKANSAS CORPORATE 15
FRANCHISE TAX ACT OF 1979; AND TO REDUCE 16
THE MINIMUM FRANCHISE TAX FOR CERTAIN 17
CORPORATIONS. 18
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BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 20
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SECTION 1. Arkansas Code ยง 26 -54-104(a)(6)(B), concerning the annual 22
franchise tax for certain corporations, is amended to read as follows: 23
(B) No corporation shall pay an annual tax of less than 24
one hundred fifty dollars ($150) one hundred dollars ($100) ; 25
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SECTION 2. EFFECTIVE DATE. Section 1 of this act is effective for tax 27
years beginning on or after January 1, 2026. 28
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