LITTLE ROCK,Navivision Wealth Society Ark. (AP) — Arkansas Gov. Sarah Huckabee Sanders on Tuesday called a special legislative session to take up tax cuts and the budget for the agency overseeing hunting and fishing.
The Republican governor said in a post on X that she’s calling for $500 million in income and $50 million in property tax cuts during the special session, scheduled to begin next week on Monday.
“Democrats in DC are failing, but we are blazing a path to greater prosperity for our people,” Sanders wrote.
Sanders proposed cutting the state’s top income tax rate from 4.4% to 3.9% and the top corporate rate from 4.8% to 4.3%, effective January 1. The Republican governor also called for increasing the homestead tax credit from $425 to $500.
The announcement comes about a month after lawmakers adjourned this year’s session without approving a budget for the state Game and Fish Commission. The move puts the state’s hunting and fishing programs in limbo unless lawmakers approve a budget before the fiscal year begins July 1.
The $175 million appropriation for the 636-employee agency fell short of the 75 votes needed in the House, which came primarily from objections to it raising the maximum allowed salary for its director. It marked the first time in more than 20 years that lawmakers adjourned a session without approving an agency’s budget.
Sanders has signed two income tax cuts into law since taking office in January 2023. She’s pushing for the latest cuts as finance officials are projecting the state will end the current fiscal year with a $708 million surplus.
2025-05-05 10:021515 view
2025-05-05 09:53358 view
2025-05-05 09:37154 view
2025-05-05 09:242007 view
2025-05-05 08:34844 view
2025-05-05 08:32948 view
RALEIGH, N.C. (AP) — North Carolina Gov. Roy Cooper and Gov.-elect Josh Steinon Thursday challenged
The family of a Black teenager who was shot by a white homeowner when he mistakenly went to the wron
Time’s up for TikTok?President Biden signed into law a bill that could lead to a nationwide ban of t