TO EXEMPT FROM GROSS INCOME A GAIN BY A TAXPAYER RESULTING

Bill

BILL • AR SENATE

SB 204

TO EXEMPT FROM GROSS INCOME A GAIN BY A TAXPAYER RESULTING FROM THE ACQUISITION OF PROPERTY UNDER THE RIGHT OF EMINENT DOMAIN OR THE THREAT OF CONDEMNATION.

2025

Introduced by Brandon Achor, Fred Allen, Wade Andrews and 103 other co-sponsors

Senate Bill 204 exempts gains from property acquired under eminent domain from income tax, easing financial burdens on affected Arkansas taxpayers starting in 2025.

Died in Senate Committee at Sine Die adjournment.

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Bill Summary • SB 204

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TO EXEMPT FROM GROSS INCOME A GAIN BY A TAXPAYER RESULTING FROM THE ACQUISITION OF PROPERTY UNDER THE RIGHT OF EMINENT DOMAIN OR THE THREAT OF CONDEMNATION.

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TO EXEMPT FROM GROSS INCOME A GAIN BY A TAXPAYER RESULTING FROM THE ACQUISITION OF PROPERTY UNDER THE RIGHT OF EMINENT DOMAIN OR THE THREAT OF CONDEMNATION.

Start the Conversation

Versions

Bill Text & Amendments

Co-Sponsors (106)

Actions

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