Arkansas 2025 Regular Session

Arkansas Senate Bill SB274 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	Stricken language would be deleted from and underlined language would be added to present law.
2	2	JLL239 02/24/2025 10:17:45 AM JLL239
3	3	State of Arkansas 1
4	4	95th General Assembly A Bill 2
5	5	Regular Session, 2025 SENATE BILL 274 3
6	6	4
7	7	By: Senator D. Wallace 5
8	8	By: Representative Joey Carr 6
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10	10	For An Act To Be Entitled 8
11	11	AN ACT TO CREATE A SALES AND USE TAX EXEMPTION FOR 9
12	12	CERTAIN ITEMS RELATED TO HUMAN BURIAL; TO EXEMPT A 10
13	13	PORTION OF THE PURCHASE PRICE OF A CASKET, BURIAL 11
14	14	VAULT, OR MONUMENT FROM SALES AND USE TAX; AND FOR 12
15	15	OTHER PURPOSES. 13
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18	18	Subtitle 16
19	19	TO CREATE A SALES AND USE TAX EXEMPTION 17
20	20	FOR CERTAIN ITEMS RELATED TO HUMAN 18
21	21	BURIAL; AND TO EXEMPT A PORTION OF THE 19
22	22	PURCHASE PRICE OF A CASKET, BURIAL 20
23	23	VAULT, OR MONUMENT FROM SALES AND USE 21
24	24	TAX. 22
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26	26	BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 24
27	27	25
28	28	SECTION 1. Arkansas Code Title 26, Chapter 52, Subchapter 4, is 26
29	29	amended to add an additional section to read as follows: 27
30	30	26-52-457. Caskets, burial vaults, and monuments. 28
31	31	(a) The first one thousand dollars ($1,000) of the gross receipts or 29
32	32	gross proceeds derived from the sale of the following are exempt from the 30
33	33	gross receipts tax levied by this chapter and the compensating use tax levied 31
34	34	by the Arkansas Compensating Tax Act of 1949, § 26 -53-101 et seq.: 32
35	35	(1) A casket; 33
36	36	(2) A burial vault; or 34
37	37	(3) A monument. 35
38	38	(b) The exemption provided under subsection (a) of this section may be 36 SB274
39	39
40	40	2 02/24/2025 10:17:45 AM JLL239
41	41	administered as a rebate. 1
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43	43	SECTION 2. DO NOT CODIFY. EFFECTIVE DATE. Section 1 of this act is 3
44	44	effective on the first day of the calendar quarter following the effective 4
45	45	date of this act. 5
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