What to know as Arkansas special session begins
Gov. Sarah Sanders called a special session that kicked off on Monday. Here's what it means for income tax in Arkansas.
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Gov. Sarah Sanders called a special session that kicked off on Monday. Here's what it means for income tax in Arkansas.
For the third session in the past 13 months, the Arkansas General Assembly will consider cutting the state's income taxes.
Arkansas lawmakers have approved a plan by Republican Gov. Sarah Huckabee Sanders and legislative leaders to cut individual and corporate income taxes by $124 million a year.
Arkansas lawmakers on Wednesday approved a plan by Republican Gov. Sarah Huckabee Sanders and legislative leaders to cut individual and corporate income taxes by $124 million a year.
The Arkansas House of Representatives on Wednesday voted to send Gov. Sarah Huckabee Sanders a bill that would cut the state's top individual income tax rate from 4.9% to 4.7% and the state's top corporate income tax rate from 5.3% to 5.1%, retroactive to Jan. 1, 2023.