Arkansas – Senate Bill 798 amends important deadline regarding delinquent franchise tax

May 2, 2013

Senate Bill 798 (Act 1079) signed April 11 and effective 91 days after adjournment (projected to be May 17) amended the deadline from January 1 to January 31 for the Secretary of State to proclaim forfeiture of charters and certificates of authority for corporations that are delinquent in payment of franchise tax.  The bill text can be accessed at http://www.arkleg.state.ar.us/assembly/2013/2013R/Acts/Act1079.pdf.