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Arkansas General Assembly· HB 1708Died in House Committee at Sine Die adjournment.

An act TO CREATE THE KEEP THE BONUS, AXE THE TAX: THE 10 NO-TAX BONUS ACT, the official text

Shown verbatim: the complete text as captured from the official PDF posted by the Arkansas General Assembly, fetched 2026-07-23. Page and line markers are part of the official record; nothing is edited or removed. The official bill page.
Stricken language would be deleted from and underlined language would be added to present law.

1 State of Arkansas                      A Bill
2 95th General Assembly

3 Regular Session, 2025                                            HOUSE BILL 1708

4

5 By: Representatives Underwood, A. Brown, McCollum, B. McKenzie, Pilkington, Rose

6

7

8                        For An Act To Be Entitled

9   AN ACT TO CREATE THE KEEP THE BONUS, AXE THE TAX: THE

10  NO-TAX BONUS ACT; TO EXEMPT A BONUS FROM INCOME TAX;

11  AND FOR OTHER PURPOSES.

12

13

14                                       Subtitle

15                       THE KEEP THE BONUS, AXE THE TAX: THE NO-

16                       TAX BONUS ACT.

17

18 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:

19

20  SECTION 1. DO NOT CODIFY. Title.

21  This act shall be known and may be cited as the "Keep the Bonus, Axe

22 the Tax: The No-Tax Bonus Act".

23

24  SECTION 2. Arkansas Code Title 26, Chapter 51, Subchapter 3, is

25 amended to add an additional section to read as follows:

26  26-51-317. Bonuses.

27  (a) As used in this section, "bonus" means a payment made to an

28 employee that:

29  (1) Is in addition to the employee's regular or overtime wages;

30  (2) Is nonrecurring;

31  (3) Does not increase the employee's base rate of pay; and

32  (4) Includes no commitment for payment in a subsequent year.

33  (b) A bonus is exempt from the income tax levied under this chapter.

34

35  SECTION 3. EFFECTIVE DATE. Section 1 of this act is effective for tax

36 years beginning on or after January 1, 2026.

    *JLL275*                                        03/06/2025 4:19:38 PM JLL275
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