[{"_1":2,"_124":-5,"_125":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88,100,112],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6598084,"mediaKeyId","3091040-51432dee74a79817d0918fa0cd2504d7","parentId",3091040,"title","Committee approves tax-credit package to recruit corporate headquarters relocations","audioSeconds",78,"startMs",554000,"endMs",632000,"viewUrl","/Search/View?dp=1&key=3091040-51432dee74a79817d0918fa0cd2504d7&start=554&end=632","thumbnailUrl","https://assets.pipeline.soar.com/3091040-51432dee74a79817d0918fa0cd2504d7/thumbnail_554000.jpg","articleUrl","/articles/6598084/Arkansas/Committee-approves-tax-credit-package-to-recruit-corporate-headquarters-relocations","mediaUrl","https://secure.pipeline.soar.com/6598084-f26ffc44c31ac1e7054d21c5c396de27/orig.mp4?Expires=1771124607&Signature=gE3k6X1h3A6hxIivdbN~X1HoAh-2MJGMXupJLIyZOzm6XWxZrzM0j31cIBm2~~XumupCurZprDTBTktEgpxfWUulBeEJ0M9E8PuoqM1vbu0bWaoozVtNPTHDP6jqs-bAAD9e1F5Hgqmiy9dod9y6SEuchxGW6fwQr-wZsiwUl06KuUFKi1ASaz95~GBaM0LN1GKTsdO~HVzHol~E7DXjh4aD~fVa2L6BSxRLJ0bRGipB~3vu~Dm2yDc2vz5nEfS30CMhLaVy9JCSETebBhWQuHokeSwzngtIGbTmrvEVD8ckh33Qg69heE7Gu7CRzXX-gyw2UeZ~WxoyKXEtSKFRcA__&Key-Pair-Id=KUT5TJCACFTXG","author","REVENUE & TAX - SENATE","date","2025-04-09T10:00:00Z","article","The Senate Revenue & Tax Committee voted to advance House Bill 1922, which would create a package of tax incentives to recruit corporate headquarters to relocate to Arkansas. Sen. Jonathan Dismang, District 18, presented the bill and brought a representative from the Arkansas Economic Development Commission (AEDC) to explain details.

Clint O’Neil of AEDC described the proposal as a rare tool aimed at luring a corporate headquarters relocation. Under the bill, a company relocating its corporate headquarters to Arkansas could be eligible for a 10% sales-tax credit tied to project costs and an income-tax credit equal to up to 50% of the taxable wages of new full‑time employees. The program would include a tier system tied to county economic characteristics: tier 1 counties (higher per-capita income and population growth) would require 300 net new jobs at 150% of the lesser of the state or county average wage; tier 4 counties would require 150 net new jobs at 110% of the relevant average wage.

O’Neil said the credits are nontransferable and may be carried forward; they are not sellable. The benefit structure would allow companies to offset a significant portion of corporate income tax over a five-year period, followed by a sliding scale for another five years, after which the program benefit would end. The bill also requires a cost‑benefit analysis, provides for potential recapture (callbacks), and mandates DFA review.

Senators asked clarifying questions about wage calculations and credit duration. Sen. Caldwell asked whether the 10% sales-tax credit is ongoing or limited; AEDC staff said credits would generally be earned and carried forward but are not indefinite. The sponsor and AEDC representatives emphasized the tool is intended for rare, large headquarters relocations and that it could take years before it is used.

Senator Crow moved the favorable recommendation; Senator Hester seconded. The committee approved the bill by voice vote. No public testimony for or against the bill was recorded during the hearing.","mediaType","Video","parentTitle","REVENUE & TAX - SENATE - Apr 09, 2025","oneSentenceSummary","House Bill 1922 would create sales-tax and income-tax credits to attract corporate headquarters to Arkansas, with tiered job and wage thresholds and a required cost-benefit analysis; the Senate committee voted to pass the bill.","taxTitle","REVENUE & TAX - SENATE, Senate, Committees, Legislative, Arkansas","taxId",21190,"location","Arkansas","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6598088,"Representative’s bill to ease sales-tax burden on veterans-supporting nonprofits fails to move forward in committee",194,328000,522000,"/Search/View?dp=1&key=3091040-51432dee74a79817d0918fa0cd2504d7&start=328&end=522","https://assets.pipeline.soar.com/3091040-51432dee74a79817d0918fa0cd2504d7/thumbnail_328000.jpg","/articles/6598088/Arkansas/Representatives-bill-to-ease-sales-tax-burden-on-veterans-supporting-nonprofits-fails-to-move-forward-in-committee","https://secure.pipeline.soar.com/6598088-81f3c7fcc2f8bdcdf07a66b59f38ce49/orig.mp4?Expires=1771124607&Signature=fpHAbWp3Mxkh4Wlp10RRWX0Hn3pMn7qQ8XjsIpPESThkyC8thEJulHKNvBJYFWGWJRP~neBJ~DoBP7AECVf6a7DEjbQKCB6lNxqvrKrMIYachn-kwbFAvwkqF9FFjMRj3Tm5gicyWM-7xwSYhPNhXhg8Eb7CvoHdTQva8pEcdK9aNnMvIWTO6Qv8AEQXrbDXNIM5VJ7Gtl~uNP7N0IifhemjkwZhpu1AVhyi4YQCTym6UDgj3BbnwYi~520VRCEM2~HZnC24GXE6SWrvVU0SPEI3Nqu0sbSqFyKa7COG1Vha~0K67kAsUpCmtUcNnbNRkci0x1V5S3MnoB8eqRFoFA__&Key-Pair-Id=KUT5TJCACFTXG","Representative Brown presented House Bill 1485 to the Senate Revenue & Tax Committee, describing it as a proposal to allow nonprofits that support Arkansas Department of Veterans Affairs (ADVA) facilities — such as veterans homes and cemeteries — to receive certain sales-tax considerations.

Brown described the North Little Rock Cemetery foundation as the most active nonprofit of its kind and said the organization’s total sales tax expenditure last year was about $3,000. “Last year, our total sales tax expenditure was $3,000, so we're not talking about a huge amount of money,” Brown said. He added the group places reeds on graves at Christmas and that donations declined after the COVID-19 pandemic.

A member of the committee, Senator Petty, asked whether the $3,000 was in sales tax payments or purchases; Brown said it was sales tax payments. Brown closed by noting recent storm damage destroyed flags and that the foundation would need to replace them.

When the committee called for a motion to act on the bill, there was no motion. The chair stated the bill failed to proceed “for lack of a motion.” Consequently, House Bill 1485 did not receive a committee recommendation during the hearing.

The hearing transcript contains no recorded public testimony for or against the bill and no discussion of a fiscal note, implementation details, or alternate paths forward during the session.","Representative Brown presented House Bill 1485 to allow nonprofits that support Arkansas Department of Veterans Affairs facilities to receive sales-tax relief; the measure did not receive a motion and did not advance out of committee.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6598093,"Committee approves bill requiring counties to notify residents about homestead tax credit eligibility",266,264000,530000,"/Search/View?dp=1&key=3091040-51432dee74a79817d0918fa0cd2504d7&start=264&end=530","https://assets.pipeline.soar.com/3091040-51432dee74a79817d0918fa0cd2504d7/thumbnail_264000.jpg","/articles/6598093/Arkansas/Committee-approves-bill-requiring-counties-to-notify-residents-about-homestead-tax-credit-eligibility","https://secure.pipeline.soar.com/6598093-d177f0afd2613530130c8d05734ec51a/orig.mp4?Expires=1771124607&Signature=ltYiaG4X8E1UoWtzdTaUFzdDdvGLHNgB24Y-EaVwp-WDZRaoNhoAgtbRYk6QhxFq74W0P77Vjeyxc5NCe9CsFVkdHo0aIOSmmCXWVfoKiobOZedkcoVRPFwel2vBw9VgDn9uVLzGX6ocqv~iDC3iRGfzKbdniZ7BuQ2cFP4faMWv7k8Xsf2kLP9kWTi0PLsvK3CHS~L6YEF7ArnzE8jJeoyiMlpKgP9NKIf9UNOl~GzqGHl0eY68HbX0ISByvGvB5gcJxCkoilP4o5PGL-yXC-ZvgJf9hw90pNzBEN-0fovNsxrf6pnJSAOi~NJhZEO4aW4IrMLV5mcEmRYtjVRpTg__&Key-Pair-Id=KUT5TJCACFTXG","The Senate Revenue & Tax Committee advanced House Bill 1627, which sponsors described as a requirement for counties to notify residents who are eligible for a homestead tax credit.

Sen. Jonathan Dismang, identified in the hearing as representing District 18, asked a colleague to summarize the bill. A committee member paraphrased the measure: it “requires the counties [to] notify that folks are eligible for a homestead tax credit.” The presenter indicated the bill’s purpose is to prompt county notification, not to expand eligibility rules.

There was no public testimony for or against the bill at the hearing. Senator Crow moved the favorable recommendation and Senator Caldwell seconded; the committee approved the bill by voice vote. The hearing record does not include a roll-call tally.

Sponsors and committee members did not detail the notification method, timing, or administrative cost. Those implementation specifics were not specified during the presentation.","House Bill 1627 would require counties to notify residents who appear eligible for a homestead tax credit; the committee voted to pass the measure.",{"_33":101,"_35":36,"_37":38,"_39":102,"_41":103,"_43":104,"_45":105,"_47":106,"_49":107,"_51":108,"_53":109,"_55":56,"_57":58,"_59":110,"_61":62,"_63":64,"_65":111,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6598098,"Committee approves bill to standardize county valuation of gas wells statewide",80,143000,223000,"/Search/View?dp=1&key=3091040-51432dee74a79817d0918fa0cd2504d7&start=143&end=223","https://assets.pipeline.soar.com/3091040-51432dee74a79817d0918fa0cd2504d7/thumbnail_143000.jpg","/articles/6598098/Arkansas/Committee-approves-bill-to-standardize-county-valuation-of-gas-wells-statewide","https://secure.pipeline.soar.com/6598098-38037465dd63191c5ebbf02fbd4b269c/orig.mp4?Expires=1771124607&Signature=AMv3-A65Ba2oLQZs7y1OtkOtH842tai8aK71z7y36fbJCTZlnBFkJi~yu0gzXoutXo3lL2WanTPADgXlb9yxZb5pXFVIGVc~O8uZ~DOn1We4XqYHeDd-q4pwEIzpPRNCR2VdtymU48CqTo9R71POTdyJWNXtlBE3-44sGk5a5-u5yDn3wiwaFoAtEAlF9JBVu0g2SMIvEPhghL6wEBFin7v2P1YHB1zsP~DiifIBRgakKIIbf6pM3wgKYirDgOGjYeGQ4mjnzePlXueNHOEKg32kq-z1hdmI6gLRWbNbfIBLN4aqh1UuZsRo-bHPwVPquCkU-VYMwcJewoXvlJ2ymA__&Key-Pair-Id=KUT5TJCACFTXG","The Senate Revenue & Tax Committee voted to pass House Bill 1937, a measure intended to standardize county appraisal of gas wells across the state. Sen. Matt Stone, State Senator for District 2, presented the bill as a clarification to existing law so gas wells are taxed consistent with oil wells.

“Two sessions ago, there was a law passed that clarified how oil wells would be taxed by the county assessors. And this is just ... clarifying the gas wells should be taxed in the same manner,” Stone said, adding that assessors in different counties were applying different methods.

Stone told the committee the change is intended to create uniformity in assessments and is “net revenue neutral to the state.” No members of the public testified for or against the bill during the hearing.

Senator Crow moved the favorable recommendation; Senator Hester seconded. The committee approved the bill by voice vote and the chair announced the bill passed; no roll-call tally appears in the hearing record.

The committee did not discuss specific valuation methodology or auditing procedures during the hearing; those implementation details were not specified. The bill was presented as a legal clarification to align gas-well assessments with the oil-well framework enacted previously.","House Bill 1937 would clarify how county assessors value gas wells, extending the uniform approach already applied to oil wells in earlier legislation; the committee approved the bill by voice vote.",{"_33":113,"_35":36,"_37":38,"_39":114,"_41":115,"_43":116,"_45":117,"_47":118,"_49":119,"_51":120,"_53":121,"_55":56,"_57":58,"_59":122,"_61":62,"_63":64,"_65":123,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6598103,"Senate committee clears bill to let disabled veterans claim homestead exemption when property in trust or LLC",53,28000,81000,"/Search/View?dp=1&key=3091040-51432dee74a79817d0918fa0cd2504d7&start=28&end=81","https://assets.pipeline.soar.com/3091040-51432dee74a79817d0918fa0cd2504d7/thumbnail_28000.jpg","/articles/6598103/Arkansas/Senate-committee-clears-bill-to-let-disabled-veterans-claim-homestead-exemption-when-property-in-trust-or-LLC","https://secure.pipeline.soar.com/6598103-755b5e148560fb337519e4cee42643e9/orig.mp4?Expires=1771124607&Signature=RIzob~U~eVDDQpzZPlqj7GoPIsT~uJVyAd54pEJ85l3S7x9b4dyd0Pc-XNAOGaX3CHIO1rTeeRevY~7o27lG7erwLW4d~GTef~nyrL~fFlrTq0F3forz8shUjQs08lHJTYqFW6tApChaBVFP1RKXiwGst02duPYyXWrKGQl0ndh6gBbvyM4tzgxImz64gMWY64zmJsyjVgfTvhaIyqQdowUYk6kk~ri~1UzX9oMA-j3Tb9s6RMzuMUrJ3kXRnvx02LP1ylW4WUZgWNP-PpDDdZrcepBc~2OO07PWJc5K5iPkOZQ3~xeH7pVFBi9sebL8muN9IIcSdcy16ug~tv~OuA__&Key-Pair-Id=KUT5TJCACFTXG","The Senate Revenue & Tax Committee on Monday approved House Bill 1809, a measure that would allow disabled veterans to claim the homestead exemption on a primary residence held in a trust or limited liability company if the veteran is named as the beneficiary or sole member. Senator Matt McKee, State Senator for District 6, presented the bill at the request of tax collectors.

McKee said the issue arises when a disabled veteran’s primary residence is titled in a revocable trust, an irrevocable trust, or an LLC. “As long as the trust or LLC names the disabled veteran as a beneficiary or sole member, the disabled veteran will be able to claim the homestead exemption for their primary residence,” McKee said.

The bill received no public testimony during the committee hearing. Senator Hester moved the committee give the bill a favorable recommendation; Senator Crowell seconded the motion. The committee approved the measure by voice vote. The committee chair announced the bill passed on that voice vote; a recorded roll-call tally was not provided in the hearing record.

The bill was presented as clarifying eligibility related to existing homestead-exemption rules for disabled veterans; proponents said the change aligns tax-administration practice with veterans’ estate-planning choices. No fiscal impact or implementation details beyond the tax-collector request were presented at the hearing.

If enacted, the bill would require county assessors and tax offices to allow the exemption when the ownership structure includes a trust or LLC that names the disabled veteran as beneficiary or sole member. The committee did not discuss appeals procedures, auditing, or specific filing proofs required; those details were not specified during the presentation.

The committee moved on to other business after approving the bill.","The Senate Revenue & Tax Committee approved House Bill 1809 to allow disabled veterans to claim the homestead property tax exemption when their primary residence is held in a trust or LLC, provided the veteran remains the beneficiary or sole member.","actionData","errors"]

Article not found

Committee approves tax-credit package to recruit corporate headquarters relocations

Representative’s bill to ease sales-tax burden on veterans-supporting nonprofits fails to move forward in committee

Committee approves bill requiring counties to notify residents about homestead tax credit eligibility

Committee approves bill to standardize county valuation of gas wells statewide

Senate committee clears bill to let disabled veterans claim homestead exemption when property in trust or LLC