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 1907
4
5 By: Representative Lundstrum
6 By: Senator J. Petty
7
8 For An Act To Be Entitled
9 AN ACT TO AMEND THE INCOME TAX DEDUCTION FOR
10 DEPRECIATION AND THE EXPENSING OF PROPERTY; TO ADOPT
11 FEDERAL INCOME TAX LAW CONCERNING THE DEDUCTION FOR
12 DEPRECIATION AND THE EXPENSING OF PROPERTY; AND FOR
13 OTHER PURPOSES.
14
15
16 Subtitle
17 TO AMEND THE INCOME TAX DEDUCTION FOR
18 DEPRECIATION AND THE EXPENSING OF
19 PROPERTY; AND TO ADOPT FEDERAL INCOME
20 TAX LAW CONCERNING THE DEDUCTION FOR
21 DEPRECIATION AND THE EXPENSING OF
22 PROPERTY.
23
24 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:
25
26 SECTION 1. Arkansas Code � 26-51-428(a)(1), concerning the income tax
27 deduction for depreciation and the expensing of property, is amended to read
28 as follows:
29 (a)(1)(A) Title 26 U.S.C. �� 167 and 168(a)-(j), as in effect on
30 January 1, 2019, are adopted for the purpose of computing Arkansas income tax
31 liability for property purchased in tax years beginning on or after January
32 1, 2014.
33 (B) Title 26 U.S.C. �� 167 and 168, as in effect on
34 January 1, 2025, are adopted for the purpose of computing Arkansas income tax
35 liability for property purchased in tax years beginning on or after January
36 1, 2025.
*JLL319* 03/31/2025 9:42:24 AM JLL319
HB1907
1
2 SECTION 2. EFFECTIVE DATE. Section 1 of this act is effective for tax
3 years beginning on or after January 1, 2025.
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
2 03/31/2025 9:42:24 AM JLL319Every fact on this page links to its source, starting with the official bill record.