The bill amends the Independent Tax Appeals Commission Act to clarify definitions and procedures related to tax disputes. It introduces a new definition for "small claim," which refers to claims where the disputed tax amount is less than $10,000. Additionally, it specifies that a taxpayer can be an individual or entity challenging the state's taxing jurisdiction or decisions made by the Department of Finance and Administration. The qualifications for commissioners of the Tax Appeals Commission are also updated, allowing individuals with at least five years of relevant professional experience in Arkansas state taxes to be eligible for appointment.

Furthermore, the bill modifies various procedural aspects, including the scheduling of hearings for small claims, which must occur within 60 days of service of the petition. It also allows for streamlined proceedings for small claims and provides options for taxpayers to participate in hearings via teleconference or videoconference. The commission is tasked with promulgating rules to implement these changes, including guidelines for expedited proceedings and the handling of taxpayer information. Overall, the amendments aim to enhance the efficiency and accessibility of the tax appeals process in Arkansas.

Statutes affected:
SB 529: 26-18-1104, 26-18-601, 26-52-803, 26-55-219, 26-55-224, 26-56-204, 26-56-311, 26-57-413, 26-57-419, 26-62-204, 26-18-1106(d), 26-18-1106(f), 26-18-1107(a), 26-18-1109(a), 26-18-1110(a), 26-18-1110(b), 26-18-1111(b), 26-18-1113(c), 26-18-1113, 26-18-1115(j), 26-18-1115(l), 26-18-1116(b), 26-18-1116(d), 26-18-1118(a)
Act 617: 26-18-1104, 26-18-601, 26-52-803, 26-55-219, 26-55-224, 26-56-204, 26-56-311, 26-57-413, 26-57-419, 26-62-204, 26-18-1106(d), 26-18-1106(f), 26-18-1107(a), 26-18-1109(a), 26-18-1110(a), 26-18-1110(b), 26-18-1111(b), 26-18-1113(c), 26-18-1113, 26-18-1115(j), 26-18-1115(l), 26-18-1116(b), 26-18-1116(d), 26-18-1118(a)