2025 Regular Session • Arkansas Legislature
HB1501
Legislative Summary
To Adopt Federal Income Tax Law Regarding Depreciation And The Expensing Of Property; And To Increase The Amount Allowed For The Expensing Of Certain Depreciable Business Assets To The Amount Allowed Under Federal Law.
Demographic Impact
Overall analysis of equity impact
70% Bias
Medium ConfidenceView detailed demographic breakdown ↓Unlock Full Demographic Insights
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Bill History
2/17/2025
Filed
House of Representatives
2/17/2025
Read the first time, rules suspended, read the second time and referred to the Committee on REVENUE & TAXATION- HOUSE
House of Representatives
5/5/2025
Died in House Committee at Sine Die adjournment.
House of Representatives
Status Information
Current Status
Failed(5/5/2025)
Chamber
House of Representatives