Bill to exempt military retirement income clears House committee
A bill that would exempt military retirement pay and survivor benefits from state income taxes passed on a voice vote with no dissent in the House Revenue and Tax Committee Thursday.
Bill to establish education savings accounts draws skepticism from superintendents, governor
A bill that would establish education savings accounts in Arkansas is breaking new ground in school choice legislation, according to its sponsor. But critics — including the state’s influential school superintendent association — say it could pose major fiscal problems for Arkansas if passed in its current form.
House committee approves higher ed funding change
An Arkansas House committee has approved a plan to alter the funding formula for higher education. The House Education Committee advanced a bill by Rep. Mark Lowery (R-Maumelle) on Tuesday that would send state dollars to public colleges and universities based on performance. The state now awards colleges and universities money mostly based on enrollment.
House and Senate approve $50 million tax cut
Governor Hutchinson's $50 million tax cut proposal for low-income earners passed in the Senate and the House today.
Rival tax relief plans clear House committee
Both Governor Hutchinson’s tax cut for low-income earners and an alternative low-income tax relief bill calling for an Earned Income Tax Credit advanced on a voice vote in the House Revenue and Tax committee Thursday at the state Capitol. Both…
Governor’s tax plan clears Senate committee
Governor's Hutchinson's tax cut for low-income earners advanced on a voice vote in the Senate Revenue and Tax committee Wednesday at the state Capitol.
Governor’s tax cut on low income earners advances
Governor's Hutchinson's tax cut for low-income earners advanced on a voice vote in the Senate Revenue and Tax committee Wednesday.
Tax task force brings some around
Several state legislators who had been critical of Governor Hutchinson’s $50 million tax cut for Arkansas’s lowest earners now say they will support the plan.
Alternative bill to help low-income workers filed
Rep. Warwick Sabin (D-Little Rock) has filed alternative legislation to Governor Hutchinson’s proposed $50 million tax cut on Arkansans who earn less than $21,000. The Working Families Opportunity Act would establish a state Earned Income Tax Credit.