This bill proposes the creation of a sales and use tax exemption specifically for the Helena West Helena Future Leaders Youth Sports Association. It amends Arkansas Code 26-52-401 to include a new subdivision that exempts gross receipts or gross proceeds from the sale of tangible personal property, specified digital products, digital codes, or services provided to the association.

Additionally, the bill establishes an effective date for this exemption, stating that it will take effect on the first day of the calendar quarter following the enactment of the act. This legislative change aims to support the youth sports association by alleviating tax burdens associated with their operations.

Statutes affected:
HB 1972: 26-52-401