Revenue & Tax - Senate
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Bills discussed (30)
| Bill | Title | Sponsor | Status |
|---|---|---|---|
|
SB638
Act 1019
· 6 mentions in agenda, chapter, transcript
Matched: “…dwell Sen. Jim Petty REGULAR AGENDA Number Sponsor Subtitle SB638 J. Boyd TO AMEND THE LAW CONCERNING THE COLLECTION OF SALES…”
|
TO AMEND THE LAW CONCERNING THE COLLECTION OF SALES AND USE TAX ON THE SALE … | J. Boyd | Notification that SB638 is now Act 1019 |
|
HB1491
Act 874
· 5 mentions in agenda, chapter, transcript
Matched: “…FROM A COUNTY SALES AND USE TAXES FOR CAPITAL IMPROVEMENTS. HB1491 Wardlaw CONCERNING THE EXCISE TAX ON CERTAIN BEER AND SAKE;…”
|
CONCERNING THE EXCISE TAX ON CERTAIN BEER AND SAKE; TO CREATE AN EXCISE TAX CREDIT … | Wardlaw | Notification that HB1491 is now Act 874 |
|
HB1685
Act 1008
· 5 mentions in chapter, transcript, agenda
Matched: “HB1685 Rep. Underwood TO CREATE THE GROCERY TAX RELIEF ACT; TO AME…”
|
TO CREATE THE GROCERY TAX RELIEF ACT; TO AMEND THE LAW CONCERNING THE SALES AND … | Underwood | Notification that HB1685 is now Act 1008 |
|
HB1063
Act 875
· 1 mention in agenda
Matched: “…TAX DEDUCTION ALLOWED FOR A TEACHER'S CLASSROOM INVESTMENT. HB1063 J. Mayberry TO AMEND THE ACHIEVING A BETTER LIFE EXPERIENCE…”
|
TO AMEND THE ACHIEVING A BETTER LIFE EXPERIENCE PROGRAM ACT; AND TO AMEND THE DEFINITIONS … | J. Mayberry | Notification that HB1063 is now Act 875 |
|
HB1085
Act 802
· 1 mention in agenda
Matched: “…SE TAX RATE APPLICABLE TO PURCHASES OF USED MOTOR VEHICLES. HB1085 K. Brown TO ADOPT FEDERAL LAW CONCERNING TAX-DEFERRED TUITI…”
|
TO ADOPT FEDERAL LAW CONCERNING TAX-DEFERRED TUITION SAVINGS PROGRAMS; AND TO AMEND THE INCOME TAX … | K. Brown | Notification that HB1085 is now Act 802 |
|
HB14
· 1 mention in transcript
Matched: “Might as well. that Stamp a picture of it. OK, on House Bill 14, 1491, which is uh Representative Wardlaw's bill created ex…”
|
Pre-2017 bill | ||
|
HB1485
· 1 mention in agenda
Matched: “…O CHANGE DISABILITY ONSET AGE FROM TWENTY-SIX TO FORTY-SIX. HB1485 K. Brown TO CREATE A SALES AND USE TAX EXEMPTION FOR SALES…”
|
TO CREATE A SALES AND USE TAX EXEMPTION FOR SALES TO CERTAIN ORGANIZATIONS THAT SUPPORT … | K. Brown | Died in Senate Committee at Sine Die adjournment. |
|
HB1534
· 1 mention in agenda
Matched: “…USED IN RELATION TO A PROJECT FOR A YOUTH FARMING PROGRAM. HB1534 Schulz TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT. SB377…”
|
TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT. | Schulz | Died in Senate Committee at Sine Die adjournment. |
|
HB1732
Act 878
· 1 mention in agenda
Matched: “…OR AIRCRAFT HELD FOR RESALE AND USED FOR RENTAL OR CHARTER. HB1732 Vaught TO INCREASE THE AMOUNT OF THE INCOME TAX DEDUCTION A…”
|
TO INCREASE THE AMOUNT OF THE INCOME TAX DEDUCTION ALLOWED FOR A TEACHER'S CLASSROOM INVESTMENT. | Vaught | Notification that HB1732 is now Act 878 |
|
HB1807
Act 879
· 1 mention in agenda
Matched: “…SAKE PRODUCED USING ARKANSAS RICE; AND FOR OTHER PURPOSES. HB1807 Eaves TO AMEND THE SALES TAX EXEMPTION FOR AIRCRAFT HELD FO…”
|
TO AMEND THE SALES TAX EXEMPTION FOR AIRCRAFT HELD FOR RESALE AND USED FOR RENTAL … | Eaves | Notification that HB1807 is now Act 879 |
|
SB131
· 1 mention in agenda
Matched: “…X REPORT FROM THE DEPARTMENT OF FINANCE AND ADMINISTRATION. SB131 J. Bryant TO CONFIRM THE LAW RELATED TO THE ASSESSMENT OF A…”
|
TO CONFIRM THE LAW RELATED TO THE ASSESSMENT OF A HOMESTEAD BELONGING TO A PERSON … | J. Bryant | Died in Senate Committee at Sine Die adjournment. |
|
SB204
· 1 mention in agenda
Matched: “…R FUTURE FUND PLAN TO A ROTH INDIVIDUAL RETIREMENT ACCOUNT. SB204 C. Penzo TO EXEMPT FROM GROSS INCOME A GAIN BY A TAXPAYER R…”
|
TO EXEMPT FROM GROSS INCOME A GAIN BY A TAXPAYER RESULTING FROM THE ACQUISITION OF … | C. Penzo | Died in Senate Committee at Sine Die adjournment. |
|
SB233
· 1 mention in agenda
Matched: “…THE RIGHT OF EMINENT DOMAIN OR THE THREAT OF CONDEMNATION. SB233 C. Penzo TO AMEND THE INCOME TAX LAWS RELATING TO CERTAIN T…”
|
TO AMEND THE INCOME TAX LAWS RELATING TO CERTAIN TRUSTS; TO PRESERVE CERTAIN TRUST ASSETS; … | C. Penzo | Died in Senate Committee at Sine Die adjournment. |
|
SB256
· 1 mention in agenda
Matched: “…TRUST ASSETS; AND TO EXEMPT CERTAIN TRUSTS FROM INCOME TAX. SB256 J. Dotson TO AMEND THE ARKANSAS CORPORATE FRANCHISE TAX ACT…”
|
TO AMEND THE ARKANSAS CORPORATE FRANCHISE TAX ACT OF 1979; AND TO REDUCE THE MINIMUM … | J. Dotson | Died in Senate Committee at Sine Die adjournment. |
|
SB268
· 1 mention in agenda
Matched: “…REDUCE THE MINIMUM FRANCHISE TAX FOR CERTAIN CORPORATIONS. SB268 D. Wallace TO TRANSFER GENERAL REVENUE TO THE AGING AND ADU…”
|
TO TRANSFER GENERAL REVENUE TO THE AGING AND ADULT SERVICES FUND ACCOUNT TO BE USED … | D. Wallace | Died in Senate Committee at Sine Die adjournment. |
|
SB274
· 1 mention in agenda
Matched: “…estrictions designating areas as 'Members and Staff Only'. SB274 D. Wallace TO CREATE A SALES AND USE TAX EXEMPTION FOR CERT…”
|
TO CREATE A SALES AND USE TAX EXEMPTION FOR CERTAIN ITEMS RELATED TO HUMAN BURIAL; … | D. Wallace | Died in Senate Committee at Sine Die adjournment. |
|
SB289
· 1 mention in agenda
Matched: “…A CASKET, BURIAL VAULT, OR MONUMENT FROM SALES AND USE TAX. SB289 J. Dotson TO CUT THE STATEWIDE SALES TAX RATE BY ONE-EIGHTH…”
|
TO CUT THE STATEWIDE SALES TAX RATE BY ONE-EIGHTH PERCENT TO REDUCE THE SURPLUS FUNDS … | J. Dotson | Died in Senate Committee at Sine Die adjournment. |
|
SB310
· 1 mention in agenda
Matched: “…REDUCE THE SURPLUS FUNDS COLLECTED FROM ARKANSAS TAXPAYERS. SB310 B. King TO ENABLE THE COMMISSIONER OF STATE LANDS TO CONDUC…”
|
TO ENABLE THE COMMISSIONER OF STATE LANDS TO CONDUCT CERTAIN BUSINESS ONLINE; AND TO AMEND … | B. King | Died in Senate Committee at Sine Die adjournment. |
|
SB316
· 1 mention in agenda
Matched: “…NER OF STATE LANDS MUST FOLLOW IN SELLING CERTAIN PROPERTY. SB316 B. Johnson TO AMEND THE SALES AND USE TAX LAWS CONCERNING R…”
|
TO AMEND THE SALES AND USE TAX LAWS CONCERNING REBATES; AND TO REQUIRE THAT SALES … | B. Johnson | Died in Senate Committee at Sine Die adjournment. |
|
SB318
· 1 mention in agenda
Matched: “…THAT SALES AND USE TAX REBATES BE ADMINISTERED AS REFUNDS. SB318 F. Love TO CREATE AN INCOME TAX EXEMPTION FOR CERTAIN INDIV…”
|
TO CREATE AN INCOME TAX EXEMPTION FOR CERTAIN INDIVIDUALS BASED ON INCOME AND AGE. | F. Love | Died in Senate Committee at Sine Die adjournment. |
|
SB338
· 1 mention in agenda
Matched: “…EXEMPTION FOR CERTAIN INDIVIDUALS BASED ON INCOME AND AGE. SB338 Hill TO PROVIDE SALES AND USE TAX EXEMPTIONS FOR STUDENT FA…”
|
TO PROVIDE SALES AND USE TAX EXEMPTIONS FOR STUDENT FARMERS; AND TO PROVIDE SALES AND … | Hill | Died in Senate Committee at Sine Die adjournment. |
|
SB377
· 1 mention in agenda
Matched: “…B1534 Schulz TO INCREASE THE HOMESTEAD PROPERTY TAX CREDIT. SB377 Hester TO CREATE THE GROCERY TAX RELIEF ACT; TO AMEND THE L…”
|
TO CREATE THE GROCERY TAX RELIEF ACT; TO AMEND THE LAW CONCERNING THE SALES AND … | Hester | Died in Senate Committee at Sine Die adjournment. |
|
SB394
· 1 mention in agenda
Matched: “…A DISABILITY OR A PERSON SIXTY-FIVE YEARS OF AGE OR OLDER. SB394 J. Bryant TO AMEND THE LAW CONCERNING THE ALLOCATION, DISTR…”
|
TO AMEND THE LAW CONCERNING THE ALLOCATION, DISTRIBUTION, AND USE OF REVENUES DERIVED FROM A … | J. Bryant | Died in Senate Committee at Sine Die adjournment. |
|
SB419
· 1 mention in agenda
Matched: “…58; AND TO EXEMPT GROCERIES FROM STATE SALES AND USE TAXES. SB419 G. Leding TO CREATE A SALES AND USE TAX EXEMPTION FOR CERTA…”
|
TO CREATE A SALES AND USE TAX EXEMPTION FOR CERTAIN SALES TO A CULTIVATION FACILITY. | G. Leding | Sine Die adjournment |
|
SB423
· 1 mention in agenda
Matched: “…TAX EXEMPTION FOR CERTAIN SALES TO A CULTIVATION FACILITY. SB423 J. Scott TO EXEMPT FROM THE INDIVIDUAL INCOME TAX EDUCATION…”
|
TO EXEMPT FROM THE INDIVIDUAL INCOME TAX EDUCATION SCHOLARSHIPS, AWARDS, AND GRANTS FROM NONPROFIT VOLUNTEER … | J. Scott | Died in Senate Committee at Sine Die adjournment. |
|
SB465
· 1 mention in agenda
Matched: “…AND GRANTS FROM NONPROFIT VOLUNTEER SERVICE ORGANIZATIONS. SB465 B. Davis TO PROVIDE FOR A SALES AND USE TAX REFUND FOR A SP…”
|
TO PROVIDE FOR A SALES AND USE TAX REFUND FOR A SPECULATIVE DEVELOPMENT PROJECT; AND … | B. Davis | Died in Senate Committee at Sine Die adjournment. |
|
SB57
· 1 mention in agenda
Matched: “…A MOTORBOAT DEALER. DEFERRED BILLS Number Sponsor Subtitle SB57 C. Tucker TO AMEND THE INCOME TAX CREDIT FOR CERTAIN INDIVI…”
|
TO AMEND THE INCOME TAX CREDIT FOR CERTAIN INDIVIDUAL POLITICAL CONTRIBUTIONS; AND TO AMEND A … | C. Tucker | Died in Senate Committee at Sine Die adjournment. |
|
SB7
· 1 mention in agenda
Matched: “…VE AGREEMENTS UNDER THE CONSOLIDATED INCENTIVE ACT OF 2003. SB7 C. Penzo TO ALLOW MEMBERS OF THE GENERAL ASSEMBLY TO REQUES…”
|
TO ALLOW MEMBERS OF THE GENERAL ASSEMBLY TO REQUEST A SALES AND USE TAX REPORT … | C. Penzo | Died in Senate Committee at Sine Die adjournment. |
|
SB73
· 1 mention in agenda
Matched: “…E ARKANSAS CODE THAT RESULTED FROM INITIATED ACT 1 OF 1996. SB73 B. Johnson TO CREATE THE ACCESS TO CREDIT FOR OUR RURAL ECO…”
|
TO CREATE THE ACCESS TO CREDIT FOR OUR RURAL ECONOMY (ACRE) ACT; AND TO PROVIDE … | B. Johnson | Died in Senate Committee at Sine Die adjournment. |
|
SB82
· 1 mention in agenda
Matched: “…IDE AN INCOME TAX DEDUCTION FOR CERTAIN AGRICULTURAL LOANS. SB82 J. Payton TO INCREASE THE SALES AND USE TAX EXEMPTION FOR U…”
|
TO INCREASE THE SALES AND USE TAX EXEMPTION FOR USED MOTOR VEHICLES; AND TO AMEND … | J. Payton | Died in Senate Committee at Sine Die adjournment. |
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Speaker 3
1:00
Okay, members, I see a quorum. Senator Boyd has one. He's on his
Senator Jimmy Hickey, Jr
Unverified
1:23
way. I guess we need to have a discussion here,
too, and we can go ahead and move this up because, Senator Hester, I believe you had an amendment on the grocery tax.
Yes, we've seen the amendment, so it's still on deferred because the
amendment will come in last night, so I didn't move it off of deferred, but I believe there's no longer a physical impact on that as far as state GR. Is that correct? Okay, so do you want to present that one now? Well, I really don't because there's no fiscal impact and I'm going to just do, I can do that on my own. So this
one is going to be, Senator Hester, I think it's House Bill 1685.
House Bill 1685. If I'm
Senator Jimmy Hickey, Jr
Unverified
2:25
you're recognized, Senator Hester. Thank you. Members, this
Speaker 15
2:30
is what's known as the grocery tax bill this session. We know that
Senator Bart Hester
Unverified
2:36
there have been many taxes on our groceries. There's city taxes, county taxes, there's state taxes, and there's a special revenue, 1.8 cent.
we've eliminated the state portion of the sales tax on grocery. This eliminates that one-eighth cent sales tax. I'm happy to answer any questions. Okay, anyone have any
Senator Jimmy Hickey, Jr
Unverified
2:57
questions on this from Senator Hester? Pretty much everybody knows what it is. Again, no state GR impact because of the amendment, which I'm fully supportive
of. Yes. Okay, is there anyone in the audience who want to speak for this bill?
Anyone want to speak against this bill? Are you closed, Senator Hester? I'm closed with a motion do pass. All right, Senator Hester has a motion do pass. Senator Petty is a second. All in favor
say aye. Aye. Any opposed? Okay, that carries. Sorry I didn't do discussion, but I assume
nobody wanted any. So, okay, Senator Boyd, you have one that you're going to present. It's Senate Bill 638, I believe. It is on the active agenda already.
Senator Justin Boyd
Unverified
3:50
No state GR impact on it. State Senator Justin Boyd and Representative Johnson is going to join me here to present Senate Bill 638. Just
Speaker 21
4:03
so before, go ahead and introduce yourself. Representative Lee
Senator Justin Boyd
Unverified
4:09
Johnson, District 47. So just to be clear, this bill in an almost identical form, there were a couple corrections that needed to be made, has been filed in the House for several weeks.
But there was a drafting error that needed to be corrected and there wasn't enough time to correct that since the House didn't suspend its rules to get it all corrected. And so this is the Senate version of that
Speaker 21
4:35
bill. So you want to present? Sure, thank you. Members appreciate the time
Representative Lee Johnson
Unverified
4:40
this morning. You know one of the one of the issues with Senator Boyd and I have been trying to address for
a couple of sessions now is that when you buy a newer used boat from a motorboat dealership it's treated basically just like any other item you
would buy at Walmart or grocery store. The sales tax has to be remitted at the point of sale and that's we feel like that's an unnecessary burden on our boat dealers. That's not the way we handle things with motor vehicles. And so we've been trying to work out an issue where they could pay their sales tax at DF&A when they register their boats, just like when they register their cars. It's been a lot of challenge getting that piece of legislation correct, because every time we tried to do that, we were either inadvertently adding a tax on used boats, or inadvertently removing a tax on used boats, to end up having an impact on general
revenue. With this bill, I think now with DF&A, and I know I've worked with Paul Gehring on this too, and he's happy to come to the table and answer questions maybe better than I could. We finally got a version of this where it's revenue neutral, and all we're doing is changing the location of where the tax is collected. So it's not a new tax. It doesn't create any tax cut. It just says that if you buy a new or used boat from a motorboat dealership, when you register that boat at DF&A, they're going to collect the tax
Senator Justin Boyd
Unverified
5:57
there just like we do motor vehicles. So this creates parity on one part between vehicles and motor
boats. They had asked for two places, but the other one like Representative Johnson said, it just, it was not, we couldn't get it to be revenue neutral, but. Senator Hammer, you have a question? I did,
Speaker 29
6:15
sorry trying to get my mind around this. So I go to buy a boat, where am I going to pay
Representative Lee Johnson
Unverified
6:22
the taxes? So presently, if you go and buy a new or used boat from a motorboat dealership, you have to remit the sales tax at the dealership. The dealer's responsible for collecting the tax and then turning it back into DF&A, just like any other item we sell.
What you would do after this bill passes is you would do it just like a motor vehicle. So you're required to go and register your boat. You're required to register your motor vehicle at DF&A. And presently, if you buy a car, when you go to get your tags, you pay your sales tax at DF&A, this would create the same process for new and used boats for motorboat dealers. So if you buy that, you would go to get
your tags for your boat and you'd pay your sales tax when you picked up the tags for the boat. Okay.
Senator Jimmy Hickey, Jr
Unverified
7:04
Can we get DF&A table? Yes. Yes, sir. DF&A, Mr. Gearing, if you don't mind, just come. Did
y'all both introduce yourself when we started? Do you remember? I think
Senator Justin Boyd
Unverified
7:15
so, but State Senator Justin Boyd, just in case, Fort Smith. Representative Lee
Senator Jimmy Hickey, Jr
Unverified
7:20
Johnson, Johnson District 47. I'm sorry. I think I failed to ask y'all to do that. Mr. Gehring, you know the drill. Paul Gehring, DFA.
Senator Kim Hammer
Unverified
7:28
Yes, sir. Okay. There's a question by Senator Hammer. Thank you. And I'm not trying to make it hard on y'all this morning, but what I'm thinking is that, and how would this correlate? How would it be the same? Right now, we're having such a terrible time with temporary
tags on cars because the money is not collected at the point of sale. The dealerships have always pushback about you know collecting money on a car at the point of sale and they want DFA to do that so if we're going to change the model on the used boats from the way it's being done now which is if I understand it right the money on the taxes is being collected at the place of sale which is remitted to DFA how are we going to are we going to create the same problem we've got with cars and
use taxes as far as people delaying paying their taxes. Are we about to create the same scenario in the boat industry as well, or what would be the difference?
Speaker 35
8:23
So the process currently is that when you purchase a new year's boat, you are required to come to DFA to obtain a certificate of number. If it is a new boat, you would have a requirement to obtain also the certificate of title for the boat. And also, if most boats are, when they are sold, they're sold with an accompanying a trailer for the boat. That trailer has to have the sales tax paid on the trailer at
DFA. Trailer needs a tag as well and a registration. So yes, there is going to be a change in that there would be, instead of the tax being collected at the dealership for new and used boats, there would be a time period, which is 30 days. The purchaser has 30 days to come into DFA and obtain the certificate of number for the boat before they can lawfully operate it on the waters. If there is, under the bill on 638, if that person does not come in and obtain the certificate of number and pay the sales tax on their purchase, there is a 10% penalty that applies as well.
So that would be the incentive for the person to make sure that they're coming in promptly within 30 days and processing their transaction. So there are going to be any temporary tags issued on those boat trailers? The trailer will have a temporary tag when it's purchased. Typically, when you buy a new or used boat,
Speaker 36
9:45
you're going to also buy the trailer. Not always, but they will have a temporary tag on
Senator Kim Hammer
Unverified
9:52
the trailer. Okay. So if the temporary tag expires, just like all these cars driving around with expired tags,
then law enforcement will take the position, or should, that they can stop that boat, trailer, whatever it's attached to, and could issue them a ticket for an expired tag, just like any other time, is that
Speaker 35
10:11
correct? That's right, and also the owner of the boat as well will have a requirement to assess the boat for personal property tax purposes as well. So there is multiple processes in place, but we certainly understand that there are some individuals that aren't as diligent, but that's always a possibility.
Senator Kim Hammer
Unverified
10:30
Okay. And I mean, I'm not going to stop. It's just seemed like we've got one problem in one area. We're about to create the same problem in another area, but that'll be for future legislators to
Senator Jimmy Hickey, Jr
Unverified
10:40
get to deal with. Thank you. Mr. Gehring, you were heading down a road with my question, and you did part of it. So whenever we're saying motorboat, we're saying the boat, the trailer, the boat, the trailer, and the
Speaker 39
10:54
motor, if it's an outboard motor? Only motorboats
Speaker 35
10:59
are under this bill, so those types of boats that you might buy at a sporting goods store
that don't fit the definition of a motorboat, only thing that applies are essentially motorboats.
Senator Jimmy Hickey, Jr
Unverified
11:10
Do we know what that is? Is that something with an inboard? I mean, or I guess that's what I'm wondering, because I've dealt with this for years, another one of those border city things. Of course, maybe we've changed the titles, you know, like where in Arkansas years ago, of course, I guess the trailer was the only thing that had the title, the boat and the motor didn't. Right across the line in Texas, it was the exact opposite. The boat and motor had a title and the trailer didn't.
So I guess that's what I'm asking, though, whenever we're talking about this, especially with some of
these, what I'd consider a motorboat, has these huge outboard motors on them, that is included that the sales tax would be all inclusive and
Speaker 29
11:53
collected whenever they go register the whole thing. Is that correct? That
Senator Justin Boyd
Unverified
12:02
is correct. With your permission, I want to read the definition. So I looked up 27-101-103, which
is how the same definition would apply in this legislation.
Motorboat means any vessel operated upon water in which propelled by sail or machinery, whether or not the machinery is the principal source of propulsion, but shall not include a vessel that has a valid marine document issued by the United States Customs and Border Protection or any federal
agency successor thereto. Okay, sounds good. Any other questions? Okay,
Speaker 16
12:32
any other questions, committee? Anybody from the audience want to speak for the bill? Anyone want to speak against the bill?
Senator Jimmy Hickey, Jr
Unverified
12:43
Are you closed? I'm closed. I make a motion do pass. All right. Senator Boyd makes a motion do pass. Senator Crowe is a second. Is there any discussion on the motion? All in favor of the motion do pass. Please indicate by saying aye. Aye. Any opposed? Like signed. Congratulations. That's passed. Thank you. Yeah. Hey, just for, can we get you to just ask a separate question? You're recognized, Senator Hamer. Thank
Senator Kim Hammer
Unverified
13:10
you. So, is there a way, I think we've discussed this before,
but while you're at the table and we're doing this, moving around, is there a way for you to track the number of temporary tags to know how many have reached the expired date and
Speaker 35
13:28
the taxes have not been paid? Yes, Senator Hammer. So we certainly, we receive that information from the dealers in Arkansas on expired temporary tags. It is what is a primary use of information that we have to send out assessments for taxpayers that have not come in registered their vehicle or their trailer. And if that person gets an assessment, they have a
requirement to pay it. If they do not pay their assessment, there's also the ability for the department not to renew their registration. Will you
Senator Kim Hammer
Unverified
14:00
be able to do the same thing on this now? Because, I mean, unless I'm missing it, this is exactly what we're doing with cars now. We're taking it away from paying at the dealership to paying at DFA? Are you going to be able to do
Speaker 35
14:15
the same thing with this as well? So when cars, of course, are a much different animal than boats, obviously,
if a boat is on a body of water, of course, you have the lake patrols, river patrols that can make sure that vessels are properly, have a certificate of number and are registered and all the requirements to operate. But certainly we understand the challenge of those individuals that would go buy the new or used boat from the dealership and never take any affirmative steps, or they bought it in an entirely different state
and brought it to the state of Arkansas to use it here, and they've never even reached out to DFA to pay the taxes and obtain the certificate of number. Okay, I'll get with you offline. I
Senator Kim Hammer
Unverified
15:01
just want to know that real quick, and I'll get a report from you of where we are right now on those temporary tags? - Yes, sir, we'll get that information to you. - Thanks.
Senator Jimmy Hickey, Jr
Unverified
15:30
- Okay. All right, now members, been some discussion about a few bills that were going to come off and i know we have some house members here and what i'm going to try to do is uh i'm just going to go from the lowest bill number to the highest bill number i think that's probably the fair way to do that uh because i'm not going to try to figure out which was filed first at this point okay so it appears
like that there's a house bill 1491 and that is on our deferred agenda
1491 1491 well hold on just a second mr gearing do
you would you mind coming to the table and just kind
Speaker 55
16:29
of stay in here for a minute give me just a second because i'm gonna have to make sure we can get it pulled off first so whatever Oh, yeah. Okay. Would you mind just passing that out
Senator Jimmy Hickey, Jr
Unverified
16:49
to him? Let's just do that right now.
I'm sorry, members, I didn't know that that wasn't in the packet. Let them get it pulled out
Speaker 59
16:59
and give to you. Yeah, should we give them those numbers so
Senator Jimmy Hickey, Jr
Unverified
17:09
they can pull them all up? Might as well. You want to hand that to me and I'll make sure we get them all. Just snap a picture of it. Okay.
On House Bill 1491, which is Representative Wardlaw's bill, create an excise tax credit on certain beer and sake using Arkansas rice.
We have on here that we have an undetermined reduction in that. Yes, sir. Okay. Just no way to calculate exactly what that would be, or is there some ranges
Speaker 35
17:39
on this particular one? Paul Gehring, DFA. So it is an undetermined fiscal impact, but what we did is go back and look at the number of accounts within DFA that are remitting those particular tax levies. And there are about 40 accounts that are collecting those tax levies
that would be subject to possibly obtaining the credit. And also of those 40 accounts that are collecting that tax, there's about 12.4 million in total taxes collected. But we certainly understand that not everybody would be eligible to claim the credit. And also it's not a 100% credit against the tax It's just a partial credit based upon having the Arkansas rice content in the product. So it's nowhere near would it be the, would eliminate the full $12.4 million.
Senator Jimmy Hickey, Jr
Unverified
18:30
It would be a small percentage of that. Okay. All right. So here's the deal, members. What I need to know is that
we have five members that are willing to pull it off the deferred is the way I'd like to do that. And at that point, we'll hear the bill once we get it passed out. So at this point, who wants to pull this off of deferred? All right, one, two, three, four.
And this is 1491. Senator Dismang had to go to another meeting. I've had him decide which ones he's willing to do, and that one is included, so that will be five. Okay,
Speaker 66
19:17
I have to spend the rules. We're just pulling it off. That's up to me anyway, right?
Speaker 70
19:31
I think I can do it anyway. I'm just, I'm.
Senator Jimmy Hickey, Jr
Unverified
19:39
All right. Without objection, that's going to be put on our active agenda. Are you prepared to present that whenever? Okay. Let us get the bill passed out to the members. I think we're familiar with
this already. It's just we didn't actually have it prepared for this morning since we worked
Speaker 71
20:02
so late. Yeah, they're getting all these bills from the third
Unknown speaker
20:06
floor it's going to take a minute they're getting all in the third floor
Senator Jimmy Hickey, Jr
Unverified
20:56
with you all. I didn't see that there was a couple
other lower numbers that we're going to consider.
Unknown speaker
21:06
Thank you.
Yes, sir.
Thank you.
Thank you.
Thank you.
Thank you.
Thank you.
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Thank you.
Thank you.
Thank you.
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Thank you.
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Thank you.
Senator Jimmy Hickey, Jr
Unverified
36:36
Okay, just to give everybody an update, we're trying to get some bills over because we didn't have them like on our active agenda but they are on the agenda so we're trying to get those bills
over so that we'll have them for the members not saying the members hadn't already know about them or look about them but we want everything to be in this committee of course when we do it budget starts at nine o'clock so what we're going to try to do because state agencies is supposed to meet in this room we're going to try to meet upon adjournment of budget if i can find another room but that that'll be announced here in just a second because the staff is going to see if there is another room so we're just going to have to try to do it that way so just
give me a few more minutes because I want to make the announcement of where we're going to have the have the meeting all right so so members this is what we're going to do we're going to we've got to go to budget
Of course, D.F. and A. has to be a budget, too. So we're going to recess, and after budget adjourns, we're going to come over, and we're going to meet in room 309, which is right there by the Senate, for you all that know. So, you know, you come right to the Senate chambers and then go to your right, and that room's right there. So that's 309. So we'll meet in there, and what we're going to say is 10 minutes upon adjournment of budget, just to give a time specific we should have all of these bills for the committee members
to make sure that we're doing everything correctly so look we're just going to do it that way thank you Thank you.
Agenda
Call to Order - Senator Jimmy Hickey
SB638 J. Boyd TO AMEND THE LAW CONCERNING THE COLLECTION OF SALES AND USE TAX ON THE SALE OF A NEW OR USED MOTORBOAT; AND TO PROVIDE FOR THE DIRECT PAYMENT OF SALES AND USE TAX ON A MOTORBOAT SOLD BY A MOTORBOAT DEALER.
HB1685 Rep. Underwood TO CREATE THE GROCERY TAX RELIEF ACT; TO AMEND THE LAW CONCERNING THE SALES AND USE TAXES LEVIED ON FOOD AND FOOD INGREDIENTS, AS AFFIRMED BY REFERRED ACT 19 OF 1958; AND TO EXEMPT GROCERIES FROM STATE SALES AND USE TAXES.
HB1491 Wardlaw CONCERNING THE EXCISE TAX ON CERTAIN BEER AND SAKE; TO CREATE AN EXCISE TAX CREDIT FOR CERTAIN BEER AND SAKE PRODUCED USING ARKANSAS RICE; AND FOR OTHER PURPOSES.
Recess and reconvene in Room 309, 10 minutes after adjournment of JBC
Adjournment
Documents
| Title | Type | Pages | Source |
|---|---|---|---|
| Agenda — REVENUE & TAX - SENATE, Apr 10, 2025 | Agenda | 3 | Official source ↗ |
Speakers
Speaker 3
Senator Jimmy Hickey, Jr
Unverified
Speaker 12
Speaker 15
Senator Bart Hester
Unverified
Senator Justin Boyd
Unverified
Speaker 21
Representative Lee Johnson
Unverified
Speaker 29
Senator Kim Hammer
Unverified
Speaker 35
Speaker 36
Speaker 39
Speaker 16
Speaker 55
Speaker 59
Speaker 64
Speaker 66
Speaker 70
Speaker 71
Speaker 57
Speaker 58