Stricken language would be deleted from and underlined language would be added to present law.
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State of Arkansas 1
95th General Assembly A Bill 2
Regular Session, 2025 SENATE BILL 318 3
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By: Senator F. Love 5
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For An Act To Be Entitled 8
AN ACT TO CREATE AN INCOME TAX EXEMPTION FOR CERTAIN 9
INDIVIDUALS BASED ON INCOME AND AGE; AND FOR OTHER 10
PURPOSES. 11
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Subtitle 14
TO CREATE AN INCOME TAX EXEMPTION FOR 15
CERTAIN INDIVIDUALS BASED ON INCOME AND 16
AGE. 17
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BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS: 19
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SECTION 1. DO NOT CODIFY. Legislative findings. 21
The General Assembly finds that: 22
(1) Senior citizens are impacted by the rising costs of daily 23
living expenses, including without limitation rent, utilities, groceries, 24
medical expenses, and home healthcare costs, as indicated by the Consumer 25
Price Index for All Urban Consumers, which has increased significantly over 26
the years; and 27
(2) Many senior citizens are on a fixed income, which is usually 28
less than one thousand six hundred dollars ($1,600) per month. 29
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SECTION 2. Arkansas Code Title 26, Chapter 51, Subchapter 3, is 31
amended to add an additional section to read as follows: 32
26-51-317. Certain individuals based on age and income. 33
There is allowed an exemption from the income tax imposed by this 34
chapter for a person who: 35
(1) Is at least sixty -five (65) years of age; and 36 SB318
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(2) Has an annual gross income that does not exceed twenty -five 1
thousand dollars ($25,000) for the tax year. 2
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SECTION 3. EFFECTIVE DATE. Section 2 of this act is effective for tax 4
years beginning on or after January 1, 2026. 5
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