Arkansas general revenue collections in April dropped by $205.7 million, or 15.5% from the same month a year ago, to $1.1 billion, but beat the state s forecast by $66.7 million, or 6.3%.
Arkansas general revenue collections in April dropped by $205.7 million, or 15.5% from the same month a year ago, to $1.1 billion, but beat the state s forecast by $66.7 million, or 6.3%.
Gov. Sarah Huckabee Sanders on Monday signed into law a bill that cuts the state s top individual income tax rate from 4.9% to 4.7% and the state s top corporate income tax rate from 5.3% to 5.1%, retroactive to Jan. 1, 2023.