Order
2025R: SB386
TO REPEAL THE LAW REQUIRING THE SECRETARY OF THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO SUBMIT A REPORT CONCERNING CHANGES MADE IN FEDERAL INCOME TAX LAWS AND REGULATIONS.
Latest action: Sine Die adjournment
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| Sponsor | Role |
|---|---|
| Crowell | lead |
| Cavenaugh | primary |
| When | Chamber | Action |
|---|---|---|
| Mar 5, 2025, 11:03 a.m. CT | Senate | Filed |
| Mar 5, 2025, 2:11 p.m. CT | Senate | Read first time, rules suspended, read second time, referred to REVENUE & TAX - SENATE |
| Apr 1, 2025, 8:40 a.m. CT | Senate | Withdrawn from Committee and placed on calendar. |
| Apr 1, 2025, 8:40 a.m. CT | Senate | Withdrawn by author. |
| May 5, 2025, 3:21 p.m. CT | Senate | Sine Die adjournment |
Meetings
| When | Meeting | Video |
|---|---|---|
| Mar 12, 2025, 10:00 a.m. CT | Senate Revenue and Taxation Β· Old Supreme Court | Video Add to Google Calendar Add to Apple Calendar |
No amendments stored.
Fiscal impact
DFA1 Β· Mar 11, 2025
Fiscal Impact Statement
Bill: SB386
Bill Subtitle: TO REPEAL THE LAW REQUIRING THE SECRETARY OF THE DEPARTMENT OF
FINANCE AND ADMINISTRATION TO SUBMIT A REPORT CONCERNING CHANGES MADE IN
FEDERAL INCOME TAX LAWS AND REGULATIONS.
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Sponsors:
Sen. Crowell and Rep. Cavenaugh
Basic Change:
SB386 repeals the requirement that the Department of Finance and Administration (DFA) submit an
annual report to the House and Senate Committees on Revenue and Taxation regarding changes in
federal tax laws and regulations.
The federal tax code consists of thousands of pages, the majority of which has not been adopted by
Arkansas. The requirement that DFA annually summarize changes in federal tax laws was enacted in
1989. SB386 would repeal the requirement that DFA prepare and submit the annual report.
DFA would still be required to monitor changes in federal income tax laws to determine how the
changes may affect Arkansas income tax law and for the purpose of determining how the changes
differ from provisions adopted for Arkansas income tax purposes.
Fiscal Impact:
Non
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In the News
News stories that mention SB386, found by bill number and title words and filtered for Arkansas coverage. Checked about every 12 hours for bills people follow.
- Capitol View: Columnist John Brummett, Arkansas Finance and Administration Secretary Jim Hudson
KARK Β· Jun 7, 2026 - Arkansas farmers who receive federal financial aid wonβt have to pay income taxes
Arkansas Advocate Β· Nov 20, 2025
Last checked Nov 12, 2026, 7:52 p.m. CT.
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