Bill No. SB680

Summary
Status
Sponsors
Texts
Votes
Amendments
Supplements
History
Summary

Bill ID

1493441

State

AR

Title

To Create A Tax Credit For Eligible Contributions Made To A Sponsor-granting Organization Under The Philanthropic Investment In Arkansas Kids Program.

Description

PFPS Summary: SB680 creates a new tax credit voucher program. A taxpayer may claim a state income tax credit for one hundred percent of eligible contributions made to a voucher-granting organization up to $2,000,000 per year. Vouchers for grade K-8 students shall not exceed 80% of the previous school year's foundation funding level and 90% for grades 9-12. Students with a family income up to 200% of the federal poverty level are eligible for vouchers.

Bill Type

Bill

Category

Income Eligibility, New Program, Tax Credit Vouchers

Session

93rd General Assembly (2021 Regular)

Special Session

No Data Available

Status

Current Status

Passed

Status Last Updated

2021-04-26

Pending Committee

Calendar

Hearing
2021-04-14
09:30
OSC
Senate Revenue & Tax
Hearing
2021-04-20
14:00
Room 151
House Revenue & Taxation

Sponsors

Sponsors

R
Sen
Jonathan Dismang
SD-028
1
0
R
Rep
Kenneth Bragg
HD-015
2
0
R
Sen
Bob Ballinger
SD-005
3
0
R
Sen
Charles Beckham
SD-012
4
0
R
Sen
Alan Clark
SD-013
5
0
R
Sen
Trent Garner
SD-027
6
0
R
Sen
Bart Hester
SD-001
7
0
R
Sen
Ben Gilmore
SD-026
8
0
R
Sen
Ricky Hill
SD-029
9
0
R
Sen
Missy Irvin
SD-018
10
0
R
Sen
Blake Johnson
SD-020
11
0
R
Sen
Mark Johnson
SD-015
12
0
R
Sen
Jason Rapert
SD-035
13
0
R
Sen
Jane English
SD-034
14
0
R
Sen
Scott Flippo
SD-017
15
0
R
Sen
David Wallace
SD-022
16
0
R
Sen
Bill Sample
SD-014
17
0

Texts

Texts

2021-04-12
Draft
application/pdf
https://legiscan.com/AR/text/SB680/id/2362987
2021-04-26
Chaptered
application/pdf
https://legiscan.com/AR/text/SB680/id/2385098

Votes

Votes

2021-04-15
25
6
1
35
1
S
2021-04-21
51
39
0
100
1
H
2021-04-21
52
40
0
100
1
H

Amendments

Amendments

No data available

Supplements

Supplements

2021-04-14
Fiscal Note/Analysis
DFA Fiscal Impact #DFA1
Fiscal Note/Analysis

History

Progress

2021-04-12
Introduced
2021-04-12
Refer
2021-04-14
Report Pass
2021-04-15
Engrossed
2021-04-15
Refer
2021-04-20
Report Pass
2021-04-22
Enrolled
2021-04-26
Chaptered
2021-04-26
Passed

History

2021-04-12
Filed
S
2021-04-12
Read first time, rules suspended, read second time, referred to REVENUE & TAX - SENATE
S
2021-04-14
Returned by the Committee, with the recommendation that it Do Pass
S
2021-04-15
Read the third time and passed.
S
2021-04-15
Ordered immediately transmitted to the House.
S
2021-04-15
RECEIVED FROM THE SENATE
H
2021-04-15
Read the first time, rules suspended, read the second time and referred to the Committee on REVENUE & TAXATION- HOUSE
H
2021-04-20
Returned by the Committee Do Pass
H
2021-04-21
Motion for immediate consideration failed
H
2021-04-21
Read the third time and passed and ordered transmitted to the Senate.
H
2021-04-21
CLINCHER MOTION ADOPTED
H
2021-04-21
Returned To the Senate as passed.
H
2021-04-21
Returned from the House as passed.
S
2021-04-21
ORDERED ENROLLED
S
2021-04-22
Reported correctly enrolled and ordered delivered to the Governor.
S
2021-04-22
DELIVERED TO GOVERNOR.
S
2021-04-26
Notification that SB680 is now Act 904
S

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