This bill amends the Arkansas Tax Procedure Act to enhance the confidentiality of tax records and modify the information-sharing requirements between the Department of Finance and Administration and local governments. Specifically, it allows county and city governments to request a report that includes a list of vendors holding permits under the Arkansas Gross Receipts Act and the Arkansas Compensating Tax Act. The bill stipulates that these requests can be made electronically at any time, rather than being limited to a specific timeframe, and mandates that the Department of Finance and Administration deliver the report electronically, including vendor names and their corresponding North American Industry Classification System codes.

Additionally, the bill introduces new provisions to ensure that the information provided to local governments remains confidential and is not subject to disclosure, except as permitted by the law. It also requires that any city or county requesting this information must register for an account with the Arkansas Taxpayer Access Point. The effective date for these changes is set for January 1, 2026.

Statutes affected:
HB 1971: 26-18-303(h)