Beebe proposes expanded homestead credit (UPDATE) | Arkansas Blog

Thursday, August 10, 2006

Beebe proposes expanded homestead credit (UPDATE)

Posted By on Thu, Aug 10, 2006 at 1:30 PM

Democratic gubernatorial candidate Mike Beebe today proposed increasing the state homestead tax credit by $50 in a speech to the Association of Arkansas Counties convention in Springdale.

According to a press release issued by Beebe's campaign, the tax credit expansion would start in 2008 and cost $22.4 million that year, which Beebe says is sustainable. The homestead credit is funded by a half-cent of all sales tax receipts.

Beebe previously has proposed completely eliminating the sales tax on groceries and the tax on utilities for manufacturers.

UPDATE: Beebe spokesman Zac Wright also criticized Asa Hutchinson's speech yesterday to the same group, during which Hutchinson said he supports the idea of state government paying to employ county emergency managers.

"That idea has some serious merit," Wright said in a telephone interview. "That's why Mike Beebe proposed it six weeks ago -- not as a stand-alone issue, but rather as part of a comprehensive emergency management and preparedness plan."

From the ArkTimes store

Favorite

Comments (16)

Showing 1-16 of 16

Add a comment

 
Subscribe to this thread:
Showing 1-16 of 16

Add a comment

More by Warwick Sabin

  • Helena's disappearing buildings

    Preservationists hope to slow demolitions.
    • Mar 22, 2007
  • Trailers headed to Dumas

    Gov. Mike Beebe issued the following statement earlier today: Although this decision by FEMA to deny emergency funds to Desha County defies common sense, Arkansas will take care of its own people.
    • Mar 9, 2007
  • Youth Ranch robbed, vandalized

    According to a press release we just received: The Donald W. Reynolds Campus of the Arkansas Sheriff’s Youth Ranches (The Ranch) located near Fort Smith was vandalized overnight Thursday.  Items stolen during the break-in included all of the children’s saddles, food, tools and supplies from The Ranch’s carpentry shop and all equipment from its auto shop.  An investigation is underway with the Crawford County Sheriff’s Office.
    • Mar 9, 2007
  • More »

Readers also liked…

Most Shared

  • ASU to reap $3.69 million from estate of Jim and Wanda Lee Vaughn

    Arkansas State University announced today plans for spending an expected $3.69 million gift in the final distribution of the estate of Jim and Wanda Lee Vaughn, who died in 2013 and 2015 respectively.
  • Bad health care bill, again

    Wait! Postpone tax reform and everything else for a while longer because the Senate is going to try to repeal and replace the Affordable Care Act one more time before September ends and while it can do it with the votes of only 50 senators.
  • Sex on campus

    Look, the Great Campus Rape Crisis was mainly hype all along. What Vice President Joe Biden described as an epidemic of sexual violence sweeping American college campuses in 2011 was vastly overstated.
  • The inadequate legacy of Brown

    LRSD continues to abdicate its responsibility to educate poor black students.

Most Viewed

  • Trump launches attack on 'SOBs' of the NFL

    Donald Trump led a rally for Alabama Senate candidate Luther Strange Friday night and the resulting news coverage (if not in our local newspaper) is giving great attention for his rant against the NFL, including but not limited to players who have made political statements by taking a knee during the National Anthem.
  • Legislature itches for more control over 'independent' agencies

    Michael Wickline of the Arkansas Democrat-Gazette reports this morning on growing tension over the legislature's effort to exert more control over the state's constitutionally independent agencies. The immediae target is the Game and Fish Commission, but it's a sprawling dispute over balance of powers.
  • Driver killed in crash with Maumelle officer

    Maumelle police report the death early this morning of a motorist who crashed head-on with a Maumelle police officer. The officer and two passengers in the other vehicle were injured.

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation