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AACF Weekly Legislative Update Vol. 4

HEALTH: The Private Option reauthorization overcame its final hurdle yesterday. After passing the Senate last week, lawmakers in the House of Representatives approved continuing the Private Option by a wide margin. AACF applauds the legislature for backing Governor Hutchinson’s...

January revenue up, above expectations

January net general revenues are up because of higher than expected gains in all major tax categories such as sales tax and income tax. Revenue from January was higher than this time last year by about $37.6 or 7.8 percent...

AACF Weekly Legislative Update Vol. 3

HEALTH: This week, Gov. Hutchinson’s plan to continue the Private Option through 2016 passed in the Senate. This bill will also create a legislative task force to make recommendations about the future of the Private Option and comprehensive changes...

Corporate loopholes are costing Arkansas

Arkansas is losing millions in state corporate income taxes every year because of holes in our corporate tax laws. In particular, we lack a “combined reporting” law that would help ensure that large companies pay their fair share of...

Changing how we tax capital gains

A relatively small number of wealthy Arkansans who make money from the sale of investments reaped the benefits from the capital gains tax cuts passed in 2013. These expensive tax cuts, however, are likely to be scaled back. Today...

AACF Weekly Legislative Update Vol. 2

It was a short week at the State Capitol but that doesn’t mean it was uneventful. Here’s what you need to know: HEALTH: Gov. Asa Hutchinson asked lawmakers on Thursday to go along with a plan that would continue...