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 318
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5 By: Senator F. Love
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8 For An Act To Be Entitled
9 AN ACT TO CREATE AN INCOME TAX EXEMPTION FOR CERTAIN
10 INDIVIDUALS BASED ON INCOME AND AGE; AND FOR OTHER
11 PURPOSES.
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14 Subtitle
15 TO CREATE AN INCOME TAX EXEMPTION FOR
16 CERTAIN INDIVIDUALS BASED ON INCOME AND
17 AGE.
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19 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:
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21 SECTION 1. DO NOT CODIFY. Legislative findings.
22 The General Assembly finds that:
23 (1) Senior citizens are impacted by the rising costs of daily
24 living expenses, including without limitation rent, utilities, groceries,
25 medical expenses, and home healthcare costs, as indicated by the Consumer
26 Price Index for All Urban Consumers, which has increased significantly over
27 the years; and
28 (2) Many senior citizens are on a fixed income, which is usually
29 less than one thousand six hundred dollars ($1,600) per month.
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31 SECTION 2. Arkansas Code Title 26, Chapter 51, Subchapter 3, is
32 amended to add an additional section to read as follows:
33 26-51-317. Certain individuals based on age and income.
34 There is allowed an exemption from the income tax imposed by this
35 chapter for a person who:
36 (1) Is at least sixty-five (65) years of age; and
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SB318
1 (2) Has an annual gross income that does not exceed twenty-five
2 thousand dollars ($25,000) for the tax year.
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4 SECTION 3. EFFECTIVE DATE. Section 2 of this act is effective for tax
5 years beginning on or after January 1, 2026.
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2 02/26/2025 7:38:35 AM JLL208Every fact on this page links to its source, starting with the official bill record.