Daily Summary from the Arkansas House of Representatives on Monday, June 17, 2024
June 17, 2024
On the first day of the Second Extraordinary Session, the House Revenue and Taxation Committee advanced two bills. HB1001 would reduce the top individual income tax rate from 4.4% to 3.9%. The bill would also reduce the corporate income tax rate from 4.8% to 4.3%. The tax cuts would be effective January 1, 2024. In […]