Arkansas · 2025 Regular Session · Bill
HB 1216: TO CREATE THE FREE MARKET ZONES ACT; AND TO EXEMPT A BUSINESS LOCATED IN AN OPPORTUNITY ZONE FROM THE INCOME TAX, THE CORPORATE FRANCHISE TAX, AND THE ELECTIVE PASS-THROUGH ENTITY TAX.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 1216 is a bill introduced in the Arkansas House on January 23, 2025. According to its official title, it concerns: TO CREATE THE FREE MARKET ZONES ACT; AND TO EXEMPT A BUSINESS LOCATED IN AN OPPORTUNITY ZONE FROM THE INCOME TAX, THE CORPORATE FRANCHISE TAX, AND THE ELECTIVE PASS-THROUGH ENTITY TAX. Primary sponsor: Wayne Long (Republican). Most recent recorded action (May 5, 2025): Died in House Committee at Sine Die adjournment.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Wayne Long | Primary sponsor | Republican | House | 39 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Died in House Committee at Sine Die adjournment.
- REPORTED CORRECTLY ENGROSSED
- Amendment No. 1 read and adopted and the bill ordered engrossed.
- Placed on second reading for the purpose of amendment.
- Read the first time, rules suspended, read the second time and referred to the Committee on REVENUE & TAXATION- HOUSE
- Filed