Arkansas House speaker backs $150M in tax cuts
LITTLE ROCK (AP) - Arkansas House Speaker Davy Carter is calling on lawmakers to support $150 million in tax cuts this session.
Carter, a Republican from Cabot, on Tuesday urged members of the House Revenue and Taxation Committee to begin work on competing tax cut proposals. Carter offered few details on the tax cut proposals that he's backing but said he believes the state can afford to trim $150 million in spending.
Carter made the remarks as he appeared before three separate House panels to mark what he called the "halftime" of the legislative session.
COMPLETE COVERAGEBeebe Proposes Trigger to End Grocery Tax (Jan. 15)Ark. lawmakers: No rush on tax cut proposals (Jan. 20)Arkansas House speaker backs $150M in tax cuts (Feb. 26)Ark. panel approves tax cut for farm structures (March 14)Tax exemption for farmers passes Arkansas House (March 18)Ark. leaders say they're closer to tax cut deal (March 20)Ark. House panel advances income tax cut bill (March 26)Beebe: Problem with tax cuts' effective dates (March 27)Income Tax cuts in Arkansas (April 2)Ark. House panel OKs tax cut for manufacturers (April 2)Ark. House speaker amends capital gains tax bill (April 4)House approves conditional cut in Ark. grocery tax (April 16)Arkansas House approves package of tax cut bills (April 16)Ark. Senate committee advances tax cut bills (April 18)Ark. Senate approves $140M tax cut package (April 19)