New tax laws going into effect now, later, and into the future

Every year during a legislative session, Arkansas lawmakers consider more than 2,000 bills that could become state law. A heavy percentage of those filings deal with the Arkansas tax code.

Some measures are to bring state law into compliance with federal changes. Others may address unique situations or be a bill brought by a legislator on behalf of a constituent or in line with a certain philosophy.

In the Arkansas regular legislative session earlier this year, senators and representatives considered 66 bills affecting the Arkansas tax code. Some laws take effect right away, some are delayed until after the session, and others may not go into effect until the new year. Research is required to determine deadlines…

Story continues

TRENDING NOW

LATEST LOCAL NEWS