# Arkansas HB1001: TO REDUCE THE INCOME TAX RATES FOR INDIVIDUALS, TRUSTS, ESTATES, AND CORPORATIONS.

Arkansas HB1001, TO REDUCE THE INCOME TAX RATES FOR INDIVIDUALS, TRUSTS, ESTATES, AND CORPORATIONS., is a 2026 Extraordinary Session 1 House bill sponsored by Les D. Eaves (Republican), Jonathan Dismang (Republican); status enacted, last action 2026-05-06 (Notification that HB1001 is now Act 1); PRIA reads it as touching household money (as of 2026-10-16).

- Canonical: https://policyrisk.com/state-bill/AR-HB1001-2026S1
- As of: 2026-10-16
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: Arkansas HB1001
- State: Arkansas
- Session: 2026 Extraordinary Session 1
- Title: TO REDUCE THE INCOME TAX RATES FOR INDIVIDUALS, TRUSTS, ESTATES, AND CORPORATIONS.
- Status: enacted
- Chamber: House
- Introduced: 2026-05-01
- Last action: 2026-05-06, Notification that HB1001 is now Act 1
- Sponsors: Les D. Eaves (Republican), Jonathan Dismang (Republican)
- Cosponsors: 73
- Touches household money: yes
- Roll calls: 2 (106 yes, 23 no in all)
- Economic provisions PRIA read: 2

## Summary

No summary available.

## Bill overview: provisions PRIA read

- Lower income taxes for Arkansas residents: benefit, medium. The law lowers Arkansas income tax rates for resident individuals, trusts, and estates for tax years beginning January 1, 2026, or later. For net income up to $94,700, these rates apply to each slice of income: 0% on $0–$5,599; 2% on $5,600–$11,199; 3% on $11,200–$15,999; 3.4% on $16,000–$26,399; a…
- Lower corporate taxes for Arkansas businesses: benefit, medium. The law lowers corporate income tax rates for fiscal years beginning January 1, 2027, or later. Corporations pay 1% on the first $3,000 of net income and 2% on the next $3,000. They pay 3% on the next $5,000 and 4.1% on income above $11,000. Corporations organized under Arkansas law apply this sche…

## Sponsors and cosponsors

- Sponsor: Les D. Eaves (Republican), House
- Sponsor: Jonathan Dismang (Republican), Senate
- Cosponsor: Alyssa Brown (Republican), House
- Cosponsor: Brandon Achor (Republican), House
- Cosponsor: Wade Andrews (Republican), House
- Cosponsor: Brit McKenzie (Republican), House
- Cosponsor: Sonia Eubanks Barker (Republican), House
- Cosponsor: Howard M. Beaty, Jr. (Republican), House
- Cosponsor: Rick Beck (Republican), House
- Cosponsor: Mary Bentley (Republican), House
- Cosponsor: Harlan Breaux (Republican), House
- Cosponsor: Keith Brooks (Republican), House
- Cosponsor: Cameron Cooper (Republican), House
- Cosponsor: Frances Cavenaugh (Republican), House
- Cosponsor: Paul Childress (Republican), House
- Cosponsor: Bruce Cozart (Republican), House
- Cosponsor: Cindy Crawford (Republican), House
- Cosponsor: Carol Dalby (Republican), House
- Cosponsor: Hope Duke (Republican), House
- Cosponsor: James Eaton (Republican), House
- Cosponsor: Jon S. Eubanks (Republican), House
- Cosponsor: Brian S. Evans (Republican), House
- Cosponsor: Tony Furman (Republican), House
- Cosponsor: Jimmy Gazaway (Republican), House
- Cosponsor: Justin Gonzales (Republican), House
- Cosponsor: Zack Gramlich (Republican), House
- Cosponsor: RJ Hawk (Republican), House
- Cosponsor: Dolly Henley (Republican), House
- Cosponsor: Mike Holcomb (Republican), House
- Cosponsor: Steve Hollowell (Republican), House
- Cosponsor: Jeremiah Moore (Republican), House
- Cosponsor: Lane Jean (Republican), House
- Cosponsor: Joey L. Carr (Republican), House
- Cosponsor: Karilyn Brown (Republican), House
- Cosponsor: Kendra Moore (Republican), House
- Cosponsor: Lee Johnson (Republican), House
- Cosponsor: Jack Ladyman (Republican), House
- Cosponsor: Wayne Long (Republican), House
- Cosponsor: Robin Lundstrum (Republican), House
- Cosponsor: Roger D. Lynch (Republican), House
- Cosponsor: Matt Brown (Republican), House
- Cosponsor: Mark D. McElroy (Republican), House
- Cosponsor: Matthew J. Shepherd (Republican), House
- Cosponsor: John Maddox (Republican), House
- Cosponsor: Mindy McAlindon (Republican), House
- Cosponsor: Rick McClure (Republican), House
- Cosponsor: Austin McCollum (Republican), House
- Cosponsor: Richard McGrew (Republican), House
- Cosponsor: Jon Milligan (Republican), House
- Cosponsor: Nick Burkes (Republican), House
- Cosponsor: Jason Nazarenko (Republican), House
- Cosponsor: Stetson Painter (Republican), House
- Cosponsor: Shad Pearce (Republican), House
- Cosponsor: Mark Perry (Democratic), House
- Cosponsor: Aaron Pilkington (Republican), House
- Cosponsor: Chad Puryear (Republican), House
- Cosponsor: Rebecca Burkes (Republican), House
- Cosponsor: R. Scott Richardson (Republican), House
- Cosponsor: David Ray (Republican), House
- Cosponsor: Marcus E. Richmond (Republican), House
- Cosponsor: Ryan A. Rose (Republican), House
- Cosponsor: Stephen Meeks (Republican), House
- Cosponsor: Bart Schulz (Republican), House
- Cosponsor: Trey Steimel (Republican), House
- Cosponsor: Randy Torres (Republican), House
- Cosponsor: Dwight Tosh (Republican), House
- Cosponsor: Kendon Underwood (Republican), House
- Cosponsor: Steve Unger (Republican), House
- Cosponsor: DeAnn Vaught (Republican), House
- Cosponsor: Steven Walker (Republican), House
- Cosponsor: Jeff Wardlaw (Republican), House
- Cosponsor: Les Warren (Republican), House
- Cosponsor: Richard Womack (Republican), House
- Cosponsor: Jeremy Wooldridge (Republican), House
- Cosponsor: Jim Wooten (Republican), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2026-05-06 | Senate | Senate Vote - Wednesday, May 6, 2026 9:17:04 AM | pass | 27 | 6 |   |
| 2026-05-05 | House | House Vote - Tuesday, May 5, 2026 9:59:25 AM | pass | 79 | 17 |   |

## Actions (13)

- 2026-05-06: Notification that HB1001 is now Act 1 (House)
- 2026-05-06: Correctly enrolled and ordered transmitted to the Governor's Office. (House)
- 2026-05-06: TO BE ENROLLED (House)
- 2026-05-06: Returned from the Senate as passed. (House)
- 2026-05-06: Returned to the House as passed. (Senate)
- 2026-05-06: Read the third time and passed. (Senate)
- 2026-05-05: Returned by the Committee, with the recommendation that it Do Pass (Senate)
- 2026-05-05: Read first time, rules suspended, read second time, referred to REVENUE & TAX - SENATE (Senate)
- 2026-05-05: Received from the House. (Senate)
- 2026-05-05: Read the third time and passed and ordered transmitted to the Senate. (House)
- 2026-05-04: Returned by the Committee Do Pass (House)
- 2026-05-04: Read the first time, rules suspended, read the second time and referred to the Committee on REVENUE & TAXATION- HOUSE (House)
- 2026-05-01: Filed (House)

## Bill text

- HB1001 - Introduced, 2026-05-01: [PDF](https://www.arkleg.state.ar.us/Home/FTPDocument?path=%2FBills%2F2026S1%2FPublic%2FHB1001.pdf)
- Act Version: [PDF](https://www.arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2026S1%2FPublic%2F&file=1.pdf&ddBienniumSession=2025%2F2026S1)

## Related bills

- SB1: TO REDUCE THE INCOME TAX RATES FOR INDIVIDUALS, TRUSTS, ESTATES, AND CORPORATIONS. (enacted)

## Sources
- [HB1001 - Introduced (PDF)](https://www.arkleg.state.ar.us/Home/FTPDocument?path=%2FBills%2F2026S1%2FPublic%2FHB1001.pdf)
- [Act Version (PDF)](https://www.arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2026S1%2FPublic%2F&file=1.pdf&ddBienniumSession=2025%2F2026S1)

## Related
- [SB1: TO REDUCE THE INCOME TAX RATES FOR INDIVIDUALS, TRUSTS, ESTATES, AND CORPORATIO…](https://policyrisk.com/state-bill/AR-SB1-2026S1)
- [Arkansas bills](https://policyrisk.com/states/arkansas/bills)
- [Arkansas state hub](https://policyrisk.com/states/arkansas)
- [All state legislation](https://policyrisk.com/state-bills)

Source: PRIA, https://policyrisk.com/state-bill/AR-HB1001-2026S1 (as of 2026-10-16).