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2021 Economic Development Legislation

Act 67 allows cities, counties, and improvement districts to partner with established providers to expand broadband services for those who currently do not have service or those who are underserved. Act 522-This bill creates the Arkansas Military Affairs Council Act and establishes the Military Affairs Grant Program. The council will work with the Arkansas Economic […]
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2021 Education Legislation

Act 614 raises the foundation funding amount for public schools from the current $6,899 per student to $7,182 per student for the next school year. It increases the amount for the 2022-2023 school year to $7,349 per student. The bill also outlines enhanced funding amounts for school districts where a large majority of students qualify […]
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2021 Tax Cut Legislation

Legislation passed so far this session reduced taxes by $84 million for the current fiscal year and is projected to cut another $197 million in taxes for Fiscal Year 2022. The vast majority of those tax cuts come from two pieces of legislation drafted to respond quickly to the economic situation created by the health […]
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Daily Summary for April 27, 2021

The House is now in an extended recess. We will return in the fall to address redistricting. House members returned to the chamber shortly after midnight to concur in an amendment to HB1957. HB1957 states all acts, laws, orders, rules, and regulations of the United States Government that were enacted on or after January 1, […]
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Daily Summary for April 26, 2021

With a vote of 94-2, the House passed HB1949, an Act to Amend the Revenue Stabilization Law. This bill outlines general revenue distribution for Fiscal Year 2021. While decreasing state spending overall, the bill does provide increases for education, Medicaid, and corrections. The House also passed the following: SB673-This bill amends the Statutory Foreclosure Act […]
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Week 15 of Regular Session

This week, the Joint Budget Committee advanced two bills outlining the proposed budget for the next fiscal year. The Revenue Stabilization Act prioritizes and categorizes state spending. It is typically one of the last bills passed every session. This year, the RSA is outlined in two identical bills SB702 and HB1949. The proposal disburses $5.84 […]
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Daily Summary for April 22, 2021

With a vote of 82-9, the House voted in favor of SJR10. This is a proposed constitutional amendment which, if approved by voters, would allow the General Assembly to call a special session upon the submission of a written proclamation with signatures from at least 2/3 of both the House and Senate membership. Currently, only […]
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Daily Summary for April 21, 2021

House members are now reviewing the proposed budget for Fiscal Year 2022. The Revenue Stabilization Act (RSA) categorizes and prioritizes state spending. It is typically one of the last items passed every session. We have posted the proposal HERE. Meanwhile, the House passed more than 20 bills today including the following: SB564-This bill creates the […]
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Revenue Stabilization Schedule

The Revenue Stabilization Act categorizes and prioritizes state spending. It is typically one of the last items passed every session.Read the proposed RSA for Fiscal Year 2022 :  Fiscal Year 2022 RSA Schedule  These slides explain how RSA is drafted and implemented.Revenue Stabilization Law
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Daily Summary for April 20, 2021

With a vote of 78-15 and 3 members voting present, the House passed SB55. This bill is the appropriation for Medicaid and the Medicaid expansion program now known as ARHOME. The House also passed the following bills on Tuesday: HB1912-This bill would reduce the sales tax from 6.5% to 3.5% on used cars priced from […]
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Daily Summary for April 19, 2021

The House passed two bills today which would create new tax credits. HB1719 creates the Reboot Pilot Program. It would provide income tax credits for employers who hire former felony offenders who were released from his or her first term of incarceration in the last year. The maximum amount of this credit is $3,000. HB1456 […]
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Week 14 of Regular Session

This week, the House passed several bills which will increase various tax credits and exemptions. Those bills include the following: HB1157 would double the income tax deduction for a teacher’s qualified classroom expense from $250 to $500. HB1513 creates an income tax credit for up to $3,500 for retired law enforcement officers who work cold […]