Arkansas Gov. Sarah Huckabee Sanders signs income, property tax cuts into law

  • by:
  • Source: Fox News
  • 06/24/2024

Arkansas Gov. Sarah Huckabee Sanders on Wednesday signed legislation cutting the state's property and income taxes after lawmakers wrapped up a special session where they also approved legislation to keep the state's hunting and fishing programs running.

Sanders signed the measure cutting the state's top corporate and individual income tax rates, and another raising the homestead property tax credit, hours after the predominantly Republican Legislature adjourned the session that began Monday.

The cuts are the latest in a series of income tax reductions Arkansas has enacted over the past several years. Sanders, a Republican, has signed three cuts into law since taking office last year and has said she wants to phase the levy out over time.

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