The impact of multiple rounds of tax cuts on the state budget is beginning to show.
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Arkansas governor signs tax, appropriation bills after special legislative session ends
For the third time in 15 months, Gov. Sarah Huckabee Sanders signed legislation to lower taxes for Arkansans. The governor also weighed in after an anti-abortion resolution sparked debate in the House.
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Arkansas tax cut proposals sail through committees on first day of special session
Two committees of Arkansas lawmakers approved measures to decrease income taxes and increase the homestead tax credit on Monday, the first day of the Legislature’s second special session in nine months.
Posted inArkansas Blog
More tax cuts incoming: Governor calls special session next week
Blessed with prosperous economic times, one might think Sanders would split the difference: Put some revenue towards much-needed state services and some towards tax cuts. But that’s not her approach.
Posted inArkansas Blog
State projects $712 million surplus while Austerity Sarah squeezes key programs
Crunching the numbers behind Arkansas Republicans’ scheme to squeeze the budget and dole out tax cuts for the rich.
Posted inArkansas Blog
Governor offers silly spin on economic numbers as jobless rate ticks down to 3.4%
Look at the state economic data and ignore the national economic data, the governor says. It’s transparent propaganda that isn’t even trying to make sense.
Posted inArkansas Blog
Expect another special session and yet more tax cuts soon, legislative leaders say
Legislators could put the hundreds of millions of dollars in “surplus” on deck this year into dozens of worthy things, from maternity leave to child care. But when setting spending priorities, they act as if Arkansas is strapped for cash.
Posted inArkansas Blog
Sanders and Republican legislators pour money into vouchers and tax cuts while crucial programs suffer
Total funding for two-year colleges was slashed by $848,319, a 0.72% cut compared to last year. Seven two-year colleges were hit with cuts of 2% or more.
Posted inArkansas Blog
Gov. Sanders signs tax cuts, FOIA cuts into law as special session ends
The week’s special session came blessedly to an end before noon, with Sanders signing tax cuts, a COVID-19 disinformation bill and a rollback of the Arkansas Freedom of Information Act into law.
Posted inArkansas Blog
Tax cut and reserve fund bills fly through state legislature
Along with the tax cuts, legislators are creating a new reserve fund that could be quickly tapped by the state if necessary. Critics say it gives more power to ALC, rather than the full legislature.