Arkansas lawmakers say they'll move quickly on tax cut plan



     (AP) – Top Arkansas lawmakers say they’ll move quickly on

Gov. Asa Hutchinson’s proposed $50 million tax cut for low-income residents, but

say there are questions about part of his plan to give military veterans a tax

break.

     The top Republican in the state Senate said Thursday he’ll bring Hutchinson’s

income tax cut proposal before that chamber’s Revenue and Taxation Committee

next week. House leaders said they also plan to take up the proposal in the next

couple of weeks.

     Legislative leaders say there is resistance to Hutchinson’s proposal to raise

the sales tax on manufactured housing to help pay for exempting military

veterans’ retirement benefits from the state income tax. Hutchinson said he’s

open to looking at alternatives for funding the veterans’ exemption.




   

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