Page 4 - Robert Brech News Today

With Arkansas Gov.-elect Sarah Huckabee Sanders making education overhaul her top priority, Arkansas 94th General Assembly begins at noon Monday with many state lawmakers anxious to see the details of her plans.

Arkansas top corporate income tax rate will drop from 5.9% to 5.3%, starting today.

(The Center Square) - Arkansas Gov.-elect Sarah Huckabee Sanders will get $50,000 to cover transition expenses.

More than half of U.S. states are using record budget surpluses to fund their biggest collective tax break in decades.

No federal American Rescue Plan funds will be used to directly offset the potential tax cuts that lawmakers will consider in the special session planned to begin Aug. 9, and any indirect offset would be difficult to compute, if it exists, state budget director Robert Brech said.

With American Rescue Plan money being in question of being rescinded, lawmakers still moving forward with upcoming special session to accelerate recent tax cuts.

Arkansas Gov. Asa Hutchinson on Tuesday proposed a $194.6 million increase in the state's general revenue budget to $6.04 billion in the fiscal year starting July 1, with most of the increase for public schools and human services programs.

Arkansas Gov. Asa Hutchinson on Tuesday proposed a $194.6 million increase in the state's general revenue budget to $6.04 billion in the fiscal year starting July 1, with most of the increase for public schools and human services programs.

The state Department of Finance and Administration on Thursday projected Arkansas would have a general revenue surplus of $264.4 million at the end of the current fiscal year, revising an earlier forecast to factor in income tax cuts enacted in last week's special session.

The state Department of Finance and Administration on Thursday projected Arkansas would have a general revenue surplus of $264.4 million at the end of the current fiscal year, revising an earlier forecast to factor in income tax cuts enacted in last week's special session.