Key Votes
HB 1002 - Capital Gains Reduction Act - Key Vote
Arkansas Key Votes
Stages
Family
Issues
Stage Details
Legislation - Bill Passed (House) (53-43) - Feb. 16, 2011 (Key vote)
Title: Capital Gains Reduction Act
Vote Smart's Synopsis:
Vote to pass a bill that eliminates the capital gains tax on the sale of property in Arkansas.
Highlights:
-Specifies that if the taxpayer sells an Arkansas property, 100 percent of the net capital gain is exempt from income taxes if the net capital gain was obtained by the taxpayer after July 1, 2011 and was owned directly or indirectly by the taxpayer for more than 1 uninterrupted year before its sale (Sec. 2).
-This act is effective for tax years beginning on or after January 1, 2012 (Sec. 3).
Legislation - Referred to Committee (Senate) - Feb. 16, 2011
Legislation - Introduced (House) - Jan. 10, 2011
Title: Capital Gains Reduction Act
Sponsors
- Jonathan Dismang (AR - R)
- Ed Garner (AR - R) (Out Of Office)
Co-sponsors
- Fred Allen (AR - D) (Out Of Office)
- Robert Dennis 'Denny' Altes (AR - R)
- Duncan Baird (AR - R)
- Jonathan D. Barnett (AR - R)
- Jerry Nathan 'Nate' Bell (AR - R)
- Lori A. Benedict (AR - R) (Out Of Office)
- Mark Biviano (AR - R)
- Cecile H. Bledsoe (AR - R)
- David L. Branscum (AR - R)
- John Burris (AR - R)
- Les 'Skip' Carnine (AR - R)
- Davy Carter (AR - R)
- Ann V. Clemmer (AR - R)
- Charles S. 'Charlie' Collins (AR - R)
- Linda Collins-Smith (AR - R) (Out Of Office)
- Robert E. Dale (AR - R)
- Gary Deffenbaugh (AR - R)
- Elizabeth Jane English (AR - R) (Out Of Office)
- Jon Scott Eubanks (AR - R)
- Billy W. Gaskill (AR - D) (Out Of Office)
- Jeremy Gillam (AR - R)
- Kim Davin Hammer (AR - R)
- Justin T. Harris (AR - R)
- Mary P. 'Prissy' Hickerson (AR - R)
- F. Bruce Holland (AR - R)
- Karen S. Hopper (AR - R)
- Jon M. Hubbard (AR - R) (Out Of Office)
- Donna Hutchinson (AR - R) (Out Of Office)
- Jeremy Young Hutchinson (AR - R)
- Missy Thomas Irvin (AR - R)
- Lane Jean (AR - R)
- Allen W. Kerr (AR - R)
- Johnny R. Key (AR - R)
- Bryan B. King (AR - R) (Out Of Office)
- Sheilla E. Lampkin (AR - D)
- Andrea Lea (AR - R)
- Kelley Linck (AR - R)
- Stephanie Malone (AR - R)
- Loy Mauch (AR - R) (Out Of Office)
- Andy Mayberry (AR - R)
- Walls McCrary (AR - D)
- James McLean (AR - D)
- David M. Meeks (AR - R)
- Stephen A. Meeks (AR - R)
- Reginald Murdock (AR - D)
- Mike Patterson (AR - D) (Out Of Office)
- Tracy Pennartz (AR - D) (Out Of Office)
- Leslee Milam Post (AR - D) (Out Of Office)
- Bill Pritchard (AR - R) (Out Of Office)
- Jason Rapert (AR - R)
- Terry Rice (AR - R)
- Johnnie J. Roebuck (AR - D) (Out Of Office)
- David J. Sanders (AR - R) (Out Of Office)
- Matthew Shepherd (AR - R)
- Mary Lou Slinkard (AR - R)
- Garry L. Smith (AR - D) (Out Of Office)
- Tracy Steele (AR - D) (Out Of Office)
- Randy W. Stewart (AR - D) (Out Of Office)
- Gary Don Stubblefield (AR - R) (Out Of Office)
- Tim Summers (AR - R) (Out Of Office)
- Tommy Thompson (AR - D)
- Jeffrey R. 'Jeff' Wardlaw (AR - D)
- Bruce Westerman (AR - R)
- Butch Wilkins (AR - D)
- Henry 'Hank' Wilkins IV (AR - D)
- Darrin Lavell Williams (AR - D)
- Jon Earl Woods (AR - R) (Out Of Office)
- James L. Word (AR - D)
- Tommy Wren (AR - D)
- Marshall Wright (AR - D)
