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 1970
4
5 By: Representative Beaty Jr.
6 By: Senator Gilmore
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8 For An Act To Be Entitled
9 AN ACT TO AMEND THE LAW CONCERNING THE PREPAYMENT OF
10 SALES TAX; TO INCREASE THE THRESHOLD FOR RETAILERS
11 WHO ARE REQUIRED TO PREPAY SALES TAX; AND FOR OTHER
12 PURPOSES.
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15 Subtitle
16 TO AMEND THE LAW CONCERNING THE
17 PREPAYMENT OF SALES TAX; AND TO INCREASE
18 THE THRESHOLD FOR RETAILERS WHO ARE
19 REQUIRED TO PREPAY SALES TAX.
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21 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:
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23 SECTION 1. Arkansas Code � 26-52-512(a), concerning the prepayment of
24 sales tax by certain retailers, is amended to read as follows:
25 (a) All retailers within the State of Arkansas registered to collect
26 the Arkansas gross receipts tax who, on July 1, have average net sales of
27 more than two five hundred thousand dollars ($200,000) ($500,000) per month
28 for the preceding fiscal year that began on July 1 and ended on June 30
29 shall, beginning the following January 1, make prepayment of sales tax by
30 electronic funds transfer, as defined in � 26-19-101, according to one (1) of
31 the following payment options:
32 (1)(A) The taxpayer may elect to make two (2) tax payments by
33 electronic funds transfer for each calendar month. Each payment shall be
34 equal to forty percent (40%) of the tax due on the monthly average net sales
35 on or before the twelfth and twenty-fourth of that month.
36 (B) The balance of actual collections for the month shall
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HB1970
1 be remitted with the monthly gross receipts tax report due by the twentieth
2 day of the following month; or
3 (2)(A) The taxpayer may elect to pay by electronic funds
4 transfer an amount equal to or exceeding eighty percent (80%) of the gross
5 receipts tax liability for each calendar month on or before the twenty-fourth
6 of that month.
7 (B) The balance of actual collections for the month shall
8 be remitted with the monthly gross receipts tax report due by the twentieth
9 day of the following month.
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2 04/01/2025 7:18:28 PM JLL383Every fact on this page links to its source, starting with the official bill record.