
Arkansas House
In the final week of the 2023 Regular Session, the House passed a criminal justice reform bill, a tax cut, and a budget that increases spending in education and public safety. The House passed SB549. This bill will reduce the state’s top income tax rate from 4.9% to 4.7%. It also reduces the corporate income tax rate from 5.3% to 5.1%. The reductions will be retroactive to January 1, 2023.