$118.2 million: That’s how much net available revenue will drop from the previous year for the current state fiscal year, which ends June 30, the state finance director just announced. This figure includes a revised, lower increase in revenues from the tobacco tax, which was raised earlier this year. The governor will recommend maintain existing [...]
Tuesday, March 10, 2009
A bill to change the streamlined sales tax to help cities like Springdale, which have lost revenue under the system, failed to clear the House Revenue and Tax Committee on Tuesday. House Bill 1179 by Rep. John Burris, R-Harrison, had testimony in favor of it from city officials from Springdale, Gravette, Bethel Heights and Lowell. [...]
Thursday, February 5, 2009
Like almost everyone else in the Capitol, I’ll be watching the tobacco tax vote this afternoon in the House if it comes off as expected. I’ll make one firm prediction — that there will be guards at the doors when somebody makes a motion to “sound the ballot” if the tax passes. That procedural move [...]
Wednesday, March 25, 2009
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