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Arkansas General Assembly· SB 558Died in Senate Committee at Sine Die adjournment.

An act TO AMEND THE LAW CONCERNING INCOME TAX 10 RETURNS, 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 558

4

5 By: Senator Crowell

6 By: Representative Hollowell

7

8                               For An Act To Be Entitled

9   AN ACT TO AMEND THE LAW CONCERNING INCOME TAX

10  RETURNS; TO REQUIRE THE ELECTRONIC FILING OF CERTAIN

11  CORPORATE INCOME TAX RETURNS; AND FOR OTHER PURPOSES.

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13

14                                  Subtitle

15                       TO REQUIRE THE ELECTRONIC FILING OF

16                       CERTAIN CORPORATE INCOME TAX RETURNS.

17

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

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20  SECTION 1. Arkansas Code � 26-51-804, concerning corporation income

21 tax returns, is amended to add an additional subsection to read as follows:

22  (f)(1) A taxpayer filing a return under this section that would be

23 required to file the taxpayer's return electronically with the Internal

24 Revenue Service under 26 C.F.R. � 301.6011-5, as it existed on February 23,

25 2023, shall file the return required under this section electronically.

26  (2) A taxpayer filing a return under this section that is a

27 member of an affiliated group in a federal consolidated return in which the

28 federal parent corporation would be required to file electronically with the

29 Internal Revenue Service under 26 C.F.R. � 301.6011-5, as it existed on

30 February 23, 2023, shall file the taxpayer's state return electronically

31 under this section.

32  (3) The Secretary of the Department of Finance and

33 Administration may waive the electronic filing requirement under subdivision

34 (f)(1) or subdivision (f)(2) of this section for a taxpayer only if the

35 secretary determines that filing the return electronically would cause an

36 undue hardship on the taxpayer.

    *JLL092*                                                    03/21/2025 4:34:11 PM JLL092
                                                                             SB558

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2   SECTION 2. Arkansas Code � 26-51-805, concerning consolidated

3 corporate income tax returns, is amended to add an additional subsection to

4 read as follows:

5   (h)(1) A taxpayer filing a return under this section that would be

6 required to file the taxpayer's return electronically with the Internal

7 Revenue Service under 26 C.F.R. � 301.6011-5, as it existed on February 23,

8 2023, shall file the return required under this section electronically.

9           (2) A taxpayer filing a return under this section that is a

10 member of an affiliated group in a federal consolidated return in which the

11 federal parent corporation would be required to file electronically with the

12 Internal Revenue Service under 26 C.F.R. � 301.6011-5, as it existed on

13 February 23, 2023, shall file the taxpayer's state return electronically

14 under this section whether or not the federal parent corporation is an

15 eligible member of the affiliated group included in the state consolidated

16 return.

17          (3) The secretary may waive the electronic filing requirement

18 under subdivision (h)(1) or subdivision (h)(2) of this section for a taxpayer

19 only if the secretary determines that filing the return electronically would

20 cause an undue hardship on the taxpayer.

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22  SECTION 3. EFFECTIVE DATE. Sections 1 and 2 of this act are effective

23 for tax years beginning on or after January 1, 2025.

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                    2                                    03/21/2025 4:34:11 PM JLL092
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