This bill amends the existing sales tax holiday in Arkansas to include firearm safety devices and firearm storage devices as eligible items. Specifically, it introduces definitions for "firearm safety device," which is designed to prevent unauthorized access or operation of a firearm, and "firearm storage device," which refers to secure containers for storing firearms. The bill adds these items to the list of products that are exempt from sales tax during the holiday period.

Additionally, the bill includes an emergency clause, stating the urgency of implementing these changes due to a mental health crisis in the state. It emphasizes the need for the Department of Finance and Administration to notify sellers of these changes by June 1, 2025, to ensure that the sales tax holiday can effectively incentivize the purchase of these safety devices. The act will take effect immediately upon approval by the Governor or under specified conditions if not vetoed.

Statutes affected:
Old version HB1699 V2 - 4-2-2025 10:44 AM: 26-52-444(a), 26-52-444(b)
Old version HB1699 Original - 3-6-2025 12:34 PM: 26-52-444(a), 26-52-444(b)
HB 1699: 26-52-444(a), 26-52-444(b)