There have been many of what are called "shell bills" filed. These are bills that legislators file with titles only and no body to be filled in later.
TAX CUTS??!! YEA!
Senator Gilbert Baker (R- Conway) has filed SB274, a $7 million cut in the sales tax on motor vehicles.
This is a bill that is sponsored by both republicans and democrats, the proposal would increase the sales tax exemption of cars from $2,500 to $5,000.
Sen. Larry Teague (D- Nashville) also filed SB276 to cut the state's sales tax on groceries by a half-cent, which will cost the state about $15 million in general revenue. Democratic Gov. Mike Beebe has said the grocery tax cut is the only one the state can afford.
For more details you can read the post by Talk Business here.
Arkansas businesses to be put in a Full Nelson?
Former Arkansas Republican gubernatorial candidate and gas company executive Sheffield Nelson announced Monday that he plans to try to get a measure on the 2012 ballot that would increase the state’s severance tax on natural gas to 7% which is from $54 million to $250 million per year.