TO CREATE A SALES AND USE TAX EXEMPTION FOR INSPIRATION POINT CENTER FOR THE ARTS, INC.

HB 1828 proposed to create a sales and use tax exemption specifically for Inspiration Point Center for the Arts, Inc. If passed, the bill would have amended Arkansas law to exempt the organization from paying state sales tax on purchases. This exemption would apply to sales of tangible personal property, specified digital products, and services acquired by the center. The bill directly affects Inspiration Point Center for the Arts, Inc. by reducing their costs associated with sales tax on these items.