This bill amends the law regarding the Tax Advisory Council by repealing the requirement for the council to submit a report. Specifically, it removes the provision in Arkansas Code 26-18-902(c) that mandated the council to develop and submit a report to the chairs of the House Committee on Revenue and Taxation and the Senate Committee on Revenue and Taxation.
By eliminating this reporting requirement, the bill aims to streamline the council's responsibilities and reduce administrative burdens. The repeal reflects a shift in focus for the council, potentially allowing it to concentrate on other priorities without the obligation of formal reporting.
Statutes affected:
SB 379: 26-18-902(c)
Act 464: 26-18-902(c)