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Arkansas General Assembly· SB 256Died in Senate Committee at Sine Die adjournment.

An act TO AMEND THE ARKANSAS CORPORATE FRANCHISE TAX 10 ACT OF 1979, 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                                            SENATE BILL 256

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5 By: Senator J. Dotson

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8                        For An Act To Be Entitled

9   AN ACT TO AMEND THE ARKANSAS CORPORATE FRANCHISE TAX

10  ACT OF 1979; TO REDUCE THE MINIMUM FRANCHISE TAX FOR

11  CERTAIN CORPORATIONS; AND FOR OTHER PURPOSES.

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14                                      Subtitle

15                       TO AMEND THE ARKANSAS CORPORATE

16                       FRANCHISE TAX ACT OF 1979; AND TO REDUCE

17                       THE MINIMUM FRANCHISE TAX FOR CERTAIN

18                       CORPORATIONS.

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

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22  SECTION 1. Arkansas Code � 26-54-104(a)(6)(B), concerning the annual

23 franchise tax for certain corporations, is amended to read as follows:

24                       (B) No corporation shall pay an annual tax of less than

25 one hundred fifty dollars ($150) one hundred dollars ($100);

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27  SECTION 2. EFFECTIVE DATE. Section 1 of this act is effective for tax

28 years beginning on or after January 1, 2026.

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    *CEB162*                                                    02/19/2025 8:46:32 AM CEB162
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