This bill amends the Arkansas Tax Procedure Act to enhance the confidentiality and accessibility of tax records provided to city and county governments by the Department of Finance and Administration. Specifically, it allows these 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 requests can be made electronically at any time, and the Department must deliver the report electronically, detailing each vendor's name and their North American Industry Classification System code.

Additionally, the bill establishes that the information received by city or county governments will remain confidential and cannot be disclosed except as permitted by law. It also requires that any government 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)