2010 Arkansas Code
Title 26 - Taxation
Subtitle 5 - State Taxes
Chapter 52 - Gross Receipts Tax
Subchapter 4 - Exemptions
§ 26-52-420 - New motor vehicles purchased by nonprofit organizations or with Urban Mass Transit Administration funds.

26-52-420. New motor vehicles purchased by nonprofit organizations or with Urban Mass Transit Administration funds.

Gross receipts or gross proceeds derived from the sale of new motor vehicles which are purchased by nonprofit organizations and used for the performance of contracts with the Department of Human Services or new motor vehicles purchased with Urban Mass Transit Administration funds shall be 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, provided that the motor vehicles meet the following requirements:

(1) The vehicles are purchased in lots of ten (10) vehicles or more and therefore are sold at fleet price by the manufacturer;

(2) The vehicles meet or exceed the state specifications for that class of vehicles as prescribed in the state purchasing law and regulations promulgated thereunder; and

(3) The vehicles are used for transportation under the Department of Human Services' programs for the aging, disabled, mentally ill, and children and family services.