Arkansas Legislature – Page 157

Back-to-School Tax Holiday Passes Committee! Call Your Rep!

Feb 22, 2011JerryLegislature, TaxesArkansas Legislature, Legislation

A bill creating a back-to-school tax-free holiday has passed the Arkansas House Revenue and Tax Committee.

HB1369 designates the first Saturday of every August as a tax-free holiday for back-to-school items. People purchasing clothes and school supplies would not pay sales tax on that day—except on single articles of clothing (such a single shirt or pair of shoes) costing more than $100, or single clothing accessories (such as a purse) costing more than $50.

This bill will help alleviate some of the financial burdens families face when shopping for educational supplies each year.

Please call your State Representative, and ask him or her to vote FOR HB1369, the bill to create a back-to-school tax-free holiday. You can leave a message for your Representative at the Capitol Building by calling (501) 682-6211.

A Snowy Week

Feb 11, 2011Jerry3 CommentsArkansas Lottery, Legislature, TaxesArkansas Legislature, Arkansas Lottery

It’s been a cold, snowy week in Little Rock. Snow and ice seemed to slow things down at the Capitol Building, but expect the Legislature to be busier than ever when they reconvene on Monday. In the meantime, here’s a recap of some of the week’s highlights.

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New Amendment Could Increase Lottery Scholarships

Feb 9, 2011Jerry2 CommentsArkansas Lottery, Legislation, LegislatureArkansas Legislature, Arkansas Lottery

Representative Ann Clemmer has filed a constitutional amendment to require the Arkansas Lottery to allocate 35% of its revenue for college scholarships.

Right now Arkansas law does not require any kind of minimum percentage of lottery revenue be set aside for scholarships. As a result, the percentage allocated has been set incredibly low—approximately 22%, one of the lowest in the nation.

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