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House, Senate OK identical versions of the state's Revenue Stabilization Act as legislative session nears closure

With legislative leaders aiming to wrap up the regular session today, the Arkansas House of Representatives and Senate on Thursday approved identical versions of the state s Revenue Stabilization Act, under which the state s general revenue budget would increase by $177.7 million to $6.2 billion in the next fiscal year.

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Panel backs revenue act, $177M budget increase

The Joint Budget Committee on Wednesday endorsed identical versions of the state’s Revenue Stabilization Act under which the state’s general revenue budget would increase by $177.7 million to $6.2 billion in the fiscal year that begins July 1.

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