Arkansas § 26-52-420 New motor vehicles purchased by nonprofit organizations or with Federal Transit Administration funds

Arkansas Statutes

§ 26-52-420 — New motor vehicles purchased by nonprofit organizations or with Federal Transit Administration funds

Arkansas § 26-52-420

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This text of Arkansas § 26-52-420 (New motor vehicles purchased by nonprofit organizations or with Federal Transit Administration funds) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 26-52-420 (2026).

Text

Gross receipts or gross proceeds derived from the sale of new motor vehicles that are purchased by nonprofit organizations and used for the performance of contracts with the Department of Human Services or new motor vehicles purchased with Federal Transit Administration funds are exempt from the taxes levied under this chapter, the Arkansas Compensating Tax Act of 1949, § 26-53-101 et seq., and all other state and local sales and use taxes, if the new motor vehicles:

(1)Meet or exceed the state specifications for that class of vehicles as prescribed in the state purchasing law and rules; and (2) Are used for transportation under the Department of Human Services' programs for the aging, individuals with disabilities, individuals with mental illness, and children and family services.

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Gross receipts or gross proceeds derived from the sale of new motor vehicles that are purchased by nonprofit organizations and used for the performance of contracts with the Department of Human Services or new motor vehicles purchased with Federal Transit Administration funds are exempt from the taxes levied under this chapter, the Arkansas Compensating Tax Act of 1949, § 26-53-101 et seq., and all other state and local sales and use taxes, if the new motor vehicles: (1) Meet or exceed the state specifications for that class of vehicles as prescribed in the state purchasing law and rules; and (2) Are used for transportation under the Department of Human Services' programs for the aging, individuals with disabilities, individuals with mental illness, and children and family services.