(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
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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