Order

2025R: SB568 ACT 1012

TO AMEND THE LAW CONCERNING THE TAXES APPLICABLE TO LITHIUM EXTRACTION AND DEVELOPMENT; TO PROVIDE A SALES AND USE TAX EXEMPTION FOR LITHIUM RESOURCE DEVELOPMENT; AND TO AMEND THE LAW CONCERNING THE SEVERANCE TAX ON LITHIUM.

Latest action: Notification that SB568 is now Act 1012

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Sponsor	Role
Crowell	lead
Jean	primary
Andrews	cosponsor
Dalby	cosponsor
Gilmore	cosponsor
Henley	cosponsor
M. Shepherd	cosponsor
Stone	cosponsor

When	Chamber	Action
Mar 27, 2025, 8:55 a.m. CT	Senate	Filed
Mar 31, 2025, 2:04 p.m. CT	Senate	Read first time, rules suspended, read second time, referred to REVENUE & TAX - SENATE
Apr 1, 2025, 8:36 a.m. CT	Senate	Withdrawn from Committee and placed on 2nd reading for purpose of amendment # 1
Apr 1, 2025, 8:36 a.m. CT	Senate	Amendment # 1 read the first time, rules suspended, read the second time and adopted, ordered engrossed.
Apr 1, 2025, 1:55 p.m. CT	Senate	REPORTED CORRECTLY ENGROSSED
Apr 1, 2025, 1:55 p.m. CT	Senate	Re-referred to REVENUE & TAX - SENATE
Apr 8, 2025, 7:43 a.m. CT	Senate	Withdrawn from Committee and placed on 2nd reading for purpose of amendment # 2
Apr 8, 2025, 7:43 a.m. CT	Senate	Amendment # 2 read the first time, rules suspended, read the second time and adopted, ordered engrossed.
Apr 8, 2025, 1:24 p.m. CT	Senate	REPORTED CORRECTLY ENGROSSED
Apr 8, 2025, 1:24 p.m. CT	Senate	Re-referred to REVENUE & TAX - SENATE
Apr 8, 2025, 2:27 p.m. CT	Senate	Returned by the Committee, with the recommendation that it Do Pass
Apr 9, 2025, 1:34 p.m. CT	Senate	Rules suspended.
Apr 9, 2025, 1:34 p.m. CT	Senate	Placed on second reading for purpose of amendment.
Apr 9, 2025, 1:35 p.m. CT	Senate	Amendment # 3 read the first time, rules suspended, read the second time and adopted, ordered engrossed.
Apr 9, 2025, 2:32 p.m. CT	Senate	REPORTED CORRECTLY ENGROSSED
Apr 9, 2025, 2:32 p.m. CT	Senate	Re-referred to REVENUE & TAX - SENATE
Apr 9, 2025, 2:38 p.m. CT	Senate	Returned by the Committee, with the recommendation that it Do Pass
Apr 9, 2025, 9:42 p.m. CT	Senate	Rules suspended.
Apr 9, 2025, 9:42 p.m. CT	Senate	Read the third time and passed. ·
Apr 9, 2025, 9:42 p.m. CT	Senate	Ordered immediately transmitted to the House.
Apr 10, 2025, 9:54 a.m. CT	House	RECEIVED FROM THE SENATE
Apr 10, 2025, 6:40 p.m. CT	House	Read the first time, rules suspended, read the second time and referred to the Committee on AGRICULTURE, FORESTRY & ECONOMIC DEVELOPMENT- HOUSE
Apr 14, 2025, 2:00 p.m. CT	House	Returned by the Committee Do Pass
Apr 15, 2025, 4:16 p.m. CT	House	Read the third time and passed and ordered transmitted to the Senate. ·
Apr 15, 2025, 4:17 p.m. CT	House	Returned to the Senate as passed.
Apr 15, 2025, 6:57 p.m. CT	Senate	Returned from the House as passed.
Apr 15, 2025, 6:57 p.m. CT	Senate	ORDERED ENROLLED
Apr 16, 2025, 7:41 a.m. CT	Senate	Reported correctly enrolled and ordered delivered to the Governor.
Apr 16, 2025, 7:41 a.m. CT	Senate	DELIVERED TO GOVERNOR.
Apr 23, 2025, 4:54 p.m. CT	Senate	Notification that SB568 is now Act 1012

Meetings

When	Meeting	Video
Apr 7, 2025, 10:30 a.m. CT	Senate Revenue and Taxation · Old Supreme Court	Video Add to Google Calendar Add to Apple Calendar
Apr 8, 2025, 1:00 p.m. CT	Senate Floor Session · Senate Chamber	Video Add to Google Calendar Add to Apple Calendar
Apr 9, 2025, 1:00 p.m. CT	Senate Floor Session · Senate Chamber	Video Add to Google Calendar Add to Apple Calendar
Apr 14, 2025, 12:30 p.m. CT	House Agriculture and Economic Dev Committee · Committee Room 138	Video Add to Google Calendar Add to Apple Calendar
Apr 15, 2025, 1:30 p.m. CT	House Meeting · House	Video Add to Google Calendar Add to Apple Calendar

Filed amendments on record: S1 (Senate) by Crowell, filed Mar 31, 2025, 4:37 p.m. CT: ARKANSAS SENATE 95th General Assembly - Regular Session, 2025 Amendment Form ______________________________________________________________________ Subtitle of Senate Bill 568 TO AMEND THE LAW CONCERNING THE TAXES APPLICABLE TO LITHIUM EXTRACTION AND DEVELOPMENT; TO PROVIDE A SAL; S2 (Senate) by Crowell, filed Apr 7, 2025, 6:06 p.m. CT: ARKANSAS SENATE 95th General Assembly - Regular Session, 2025 Amendment Form ______________________________________________________________________ Subtitle of Senate Bill 568 TO AMEND THE LAW CONCERNING THE TAXES APPLICABLE TO LITHIUM EXTRACTION AND DEVELOPMENT; TO PROVIDE A SAL; S3 (Senate) by Crowell, filed Apr 8, 2025, 6:13 p.m. CT: ARKANSAS SENATE 95th General Assembly - Regular Session, 2025 Amendment Form ______________________________________________________________________ Subtitle of Senate Bill 568 TO AMEND THE LAW CONCERNING THE TAXES APPLICABLE TO LITHIUM EXTRACTION AND DEVELOPMENT; TO PROVIDE A SAL.

Number	Chamber	Sponsor	Introduced
S1	Senate	Crowell	Mar 31, 2025, 4:37 p.m. CT
S2	Senate	Crowell	Apr 7, 2025, 6:06 p.m. CT
S3	Senate	Crowell	Apr 8, 2025, 6:13 p.m. CT

Fiscal impact

FI1 · Crowell · Apr 10, 2025

Fiscal Impact Statement 95th General Assembly of the State of Arkansas Regular Session, 2025 ______________________________________________________________________________ DATE: 4/9/2025 BILL: SB568, As Engrossed: S4/1/25 S4/8/25 S4/9/25 SPONSOR: Sen. Crowell; Rep. Jean SUBTITLE: TO AMEND THE LAW CONCERNING THE TAXES APPLICABLE TO LITHIUM EXTRACTION AND DEVELOPMENT; TO PROVIDE A SALES AND USE TAX EXEMPTION FOR LITHIUM RESOURCE DEVELOPMENT; AND TO AMEND THE LAW CONCERNING THE SEVERANCE TAX ON LITHIUM. ______________________________________________________________________________ TOPIC √ LAW CONCERNING THE TAXES APPLICABLE TO LITHIUM EXTRACTION AND DEVELOPMENT AFFECTED FUNDS √ General Revenue REVENUE IMPACT √ Classified as Revenue Neutral by the Arkansas Department of Finance and Administration. √ Dynamic Impact (See Comments) ASSUMPTIONS - BASED ON: √ Arkansas Department of Finance and Administration ADDITIONAL COMMENTS √ While some of the costs associated with this bill were presented by the Arkansas Department of Finance and Administration, such as the additional personnel cost. Additional information that is needed for consistent comparison between the static and dynamic models w

DFA1 · Apr 7, 2025

Fiscal Impact Statement Bill: SB568 Amendment Number: S1 Bill Subtitle: TO AMEND THE LAW CONCERNING THE TAXES APPLICABLE TO LITHIUM EXTRACTION AND DEVELOPMENT; TO PROVIDE A SALES AND USE TAX EXEMPTION FOR LITHIUM RESOURCE DEVELOPMENT; AND TO AMEND THE LAW CONCERNING THE SEVERANCE TAX ON LITHIUM. --------------------------------------------------------------------------------------------------------------------------------------- Sponsors: Sens. Crowell, Gilmore, and Stone Reps. Jean, Andrews, Dalby, Henley and Shepherd Basic Change: Sales and Use Tax Exemption for Qualified Firm --- SB568-S1 creates a sales and use tax exemption for a qualified firm for purchases for and sales by a qualified facility. A qualified firm is a for-profit business engaged in developing lithium, cathode, anode, lithium battery, and grid storage facility equipment. The exemption applies to: • Lithium storage facility equipment which includes both purchased and leased equipment, related services, other enabling machinery, equipment, software, and hardware for extraction, processing, development, refinement, conversion, manufacturing, or recycling of the listed chemicals either immediately or stored for fut

DFA2 · Apr 8, 2025

Fiscal Impact Statement Bill: SB568 Amendment Number: S2 Bill Subtitle: TO AMEND THE LAW CONCERNING THE TAXES APPLICABLE TO LITHIUM EXTRACTION AND DEVELOPMENT; TO PROVIDE A SALES AND USE TAX EXEMPTION FOR LITHIUM RESOURCE DEVELOPMENT; AND TO AMEND THE LAW CONCERNING THE SEVERANCE TAX ON LITHIUM. --------------------------------------------------------------------------------------------------------------------------------------- Sponsors: Sens. Crowell, Gilmore, and Stone Reps. Jean, Andrews, Dalby, Henley and M. Shepherd Basic Change: Senate Amendment No. 2 --- SB568-S2 (engrossed 04/08/25) makes the following changes to the bill: • Clarifies that eligible facility costs do not include any lease payments other than facility lease payments; • Removes the mention of "extraction" from activities and machinery and equipment that qualify for the income tax and sales and use tax exemptions; • Restores the current distribution of severance tax; and • Removes the temporary severance tax exemption for new brine units. Senate Amendment No. 1 --- Sales and Use Tax Exemption for Qualified Firm --- SB568-S1 creates a sales and use tax exemption for a qualified firm for purchases for and sales

DFA3 · Apr 14, 2025

Fiscal Impact Statement Bill: SB568 Amendment Number: S3 Bill Subtitle: TO AMEND THE LAW CONCERNING THE TAXES APPLICABLE TO LITHIUM EXTRACTION AND DEVELOPMENT; TO PROVIDE A SALES AND USE TAX EXEMPTION FOR LITHIUM RESOURCE DEVELOPMENT; AND TO AMEND THE LAW CONCERNING THE SEVERANCE TAX ON LITHIUM. --------------------------------------------------------------------------------------------------------------------------------------- Sponsors: Sens. Crowell, Gilmore, and Stone Reps. Jean, Andrews, Dalby, Henley, and M. Shepherd Basic Change: Senate Amendment No. 3 --- SB568-S3 (engrossed 04/09/2025) reincludes the amendment to the distribution of severance tax for salt water, or brine extraction, where the dissolved minerals are used for bromine, lithium, and other products. SB568-S3 diverts any severance tax from brine in excess of $325,000 in a fiscal year to be split between general revenue (3%) and the County Aid Fund (97%). Senate Amendment No. 2 --- SB568-S2 (engrossed 04/08/25) makes the following changes to the bill: • Clarifies that eligible facility costs do not include any lease payments other than facility lease payments; • Removes the mention of "extraction" from activities

Committee actions

Do Pass · House · Apr 14, 2025, 2:00 p.m. CT
Returned by the Committee Do Pass
Do Pass · Senate · Apr 9, 2025, 2:38 p.m. CT
Returned by the Committee, with the recommendation that it Do Pass
Do Pass · Senate · Apr 8, 2025, 2:27 p.m. CT
Returned by the Committee, with the recommendation that it Do Pass

Floor roll calls

House · RCS 1351

Tuesday, April 15, 2025 4:16:55 PM · arkleg

86Yea

5Nay

3Not voting

6Present

0Excused

Yea (86)

Nay (5)

Present (6)

Not voting (3)

Senate · RCS 1106

Wednesday, April 9, 2025 9:42:18 PM · arkleg

33Yea

0Nay

0Not voting

2Present

0Excused

Yea (33)

Present (2)

Jim Dotson (R)
John Payton (R)

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Last checked Nov 12, 2026, 8:51 p.m. CT.

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