(a)

1. (1) Pursuant to Acts 1991, No. 998, the Commissioner of Revenues hereby establishes the Tax Advisory Council.

2. (2) Members of the council shall consist of representatives of the following groups:

   1. (A) Arkansas Bar Association;
   2. (B) Arkansas Society of Certified Public Accountants;
   3. (C) Arkansas Society of Public Accountants;
   4. (D) Revenue Division of the Department of Finance and Administration; and
   5. (E) Other taxpayer-oriented groups.
3. (3) The commissioner shall appoint at least one (1) member of each group to serve on the council.

(b)

1. (1) The council shall meet annually, or more often if necessary, to discuss:

   1. (A) Tax law changes;
   2. (B) Compliance problems; and
   3. (C) Other related matters.
2. (2) The council shall study methods to expedite claims for refund, protests, appeals, and cases which take an inordinate amount of time to complete.

3. (3) The council shall develop and submit an annual report to the chairs of the:

   1. (A) House Committee on Revenue and Taxation; and
   2. (B) Senate Committee on Revenue and Taxation.