December 2, 2021 •
Arkansas Governor Calls Special Legislative Session on Tax Cut Plan
Arkansas Gov. Asa Hutchinson will call the Legislature back into a special session beginning December 7 to take up a tax cut plan.
The primary focus of the special session will be on the tax cut package that calls for reducing the state’s top income tax rate from 5.9% to 4.9%.
The package, which also includes corporate tax cuts and a low-income tax credit, would cost the state $135 million in the current fiscal year and grow to nearly $498 million when fully implemented in 2026.
While the session’s agenda will include several other items, Hutchinson said he does not plan to include a proposal to enact neighboring Texas’ unique law banning abortions six weeks into pregnancy.
Lawmakers, however, could vote to extend the session to take up abortion or any other items with a two-thirds vote of both chambers after the items on the agenda are considered.
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