Stricken language would be deleted from and underlined language would be added to present law.
1 State of Arkansas As Engrossed: H1/26/21 H1/28/21 H2/3/21
2 93rd General Assembly A Bill
3 Regular Session, 2021 HOUSE BILL 1160
4
5 By: Representatives Payton, Cavenaugh, Beck, Bentley, S. Berry, Boyd, Bragg, Breaux, Brown, Bryant,
6 Carr, Christiansen, Cloud, Coleman, C. Cooper, Cozart, Crawford, Dalby, Deffenbaugh, Dotson, Eaves,
7 Eubanks, Evans, C. Fite, L. Fite, Furman, Gazaway, Gonzales, M. Gray, Haak, Hawks, Hillman,
8 Holcomb, Hollowell, Jean, Jett, L. Johnson, Ladyman, Lowery, Lundstrum, Lynch, Maddox, J. Mayberry,
9 McClure, M. McElroy, McGrew, McKenzie, McNair, S. Meeks, Miller, Milligan, Penzo, Pilkington, Ray,
10 Richmond, Rye, Slape, B. Smith, S. Smith, Speaks, Tosh, Underwood, Vaught, Wardlaw, Warren, Watson,
11 Wing, Womack, Wooten, Fortner
12 By: Senators Rapert, B. Ballinger, Beckham, Bledsoe, A. Clark, K. Hammer, Irvin, B. Johnson, Rice, G.
13 Stubblefield, D. Sullivan, D. Wallace
14
15 For An Act To Be Entitled
16 AN ACT TO AMEND THE LAW CONCERNING THE EXEMPTION FROM
17 THE SALES AND USE TAX DUE ON CERTAIN MOTOR VEHICLES,
18 TRAILERS, AND SEMITRAILERS; TO INCREASE THE SALES AND
19 USE TAX EXEMPTION FOR A USED MOTOR VEHICLE; AND FOR
20 OTHER PURPOSES.
21
22
23 Subtitle
24 TO INCREASE THE SALES AND USE TAX
25 EXEMPTION FOR A USED MOTOR VEHICLE.
26
27
28 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:
29
30 SECTION 1. Arkansas Code 26-52-510(b)(1)(B), concerning the direct
31 payment of sales tax by a consumer-user on a new or used motor vehicle,
32 trailer, or semitrailer, is amended to read as follows:
33 (B) However, tax is not due if the total consideration for
34 is less than the following amounts:
35 (i) For the sale of the a new or used motor vehicle,
36 or a new or used trailer, or semitrailer, is less than four thousand dollars
*JLL039* 02-03-2021 09:37:26 JLL039
 As Engrossed: H1/26/21 H1/28/21 H2/3/21 HB1160
1 ($4,000), no tax shall be due;
2 (ii) For the sale of a used motor vehicle, seven
3 thousand five hundred dollars ($7,500); and
4 (iii) For the sale of a used motor vehicle on or
5 after two (2) years from the effective date of this act, ten thousand dollars
6 ($10,000).
7
8 SECTION 2. Arkansas Code 26-53-126(b)(2), concerning the payment of
9 use tax on a new or used motor vehicle, trailer, or semitrailer, is amended
10 to read as follows:
11 (2) However, tax is not due if the total consideration for is
12 less than the following amounts:
13 (A) For the sale of the a new or used motor vehicle, or a
14 new or used trailer, or semitrailer, is less than four thousand dollars
15 ($4,000), no tax shall be due;
16 (B) For the sale of a used motor vehicle, seven thousand
17 five hundred dollars ($7,500); and
18 (C) For the sale of a used motor vehicle on or after two
19 (2) years from the effective date of this act, ten thousand dollars
20 ($10,000).
21
22 SECTION 3. EFFECTIVE DATE. Sections 1 and 2 of this act are effective
23 on the first day of the second calendar month following the effective date of
24 this act.
25
26 /s/Payton
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2 02-03-2021 09:37:26 JLL039


Statutes affected:
Old version HB1160 Original - 1-12-2021 11:32 AM: 26-52-510(b), 26-53-126(b)
Old version HB1160 V2 - 1-26-2021 10:43 AM: 26-52-510(b), 01-26-2021, 26-53-126(b)
Old version HB1160 V3 - 1-28-2021 09:38 AM: 26-52-510(b), 01-28-2021, 26-53-126(b)
Old version HB1160 V4 - 2-3-2021 09:38 AM: 26-52-510(b), 26-53-126(b)
HB 1160: 26-52-510(b), 26-53-126(b)
Old version of HB 1160 - 02-03-21: 26-52-510(b), 26-53-126(b)
Old version of HB 1160 - 01-28-21: 26-52-510(b), 01-28-2021, 26-53-126(b)
Old version of HB 1160 - 01-26-21: 26-52-510(b), 01-26-2021, 26-53-126(b)
Old version of HB 1160 - 01-12-21: 26-52-510(b), 26-53-126(b)