Arkansas Legislature passes budget, homestead tax credit increase

The Arkansas Legislature gave initial approval to a proposed $6.7 billion budget for the coming year Tuesday, a day after a multimillion dollar economic incentive package aimed at attracting a manufacturer to West Memphis drew heavy opposition from some House Republicans. The House voted 64-30 and the Senate 33-1 in favor of identical versions of [

By: Ainsley Platt

Outlets: Arkansas Advocate

Published: April 28, 2026

Words: 574

Last Updated: 1 month, 1 week ago

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The Arkansas Legislature gave initial approval to a proposed $6.7 billion budget for the coming year Tuesday, a day after a multimillion dollar economic incentive package aimed at attracting a manufacturer to West Memphis drew heavy opposition from some House Republicans.

The House voted 64-30 and the Senate 33-1 in favor of identical versions of the Revenue Stabilization Act, the measure outlining the state’s spending for the fiscal year that begins July 1. Both …

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