‘Capitol Week in Review’ Category
July 30, 2011 by Sue Madison
By Senator Sue Madison (D) District 7 LITTLE ROCK – Arkansas shoppers can enjoy the state’s first sales tax holiday the weekend of August 6 and 7, when retail stores will not charge sales taxes on purchases of school supplies and articles of clothing costing less than $100. Accessories under $50 also will be exempt from the sales tax. Shoes, boots and sandals will also be exempt if they cost less than $100. The sales tax holiday is a result of Act 757, enacted earlier this year by the legislature. Although it was labeled a “back to school” tax holiday, it will benefit all consumers who buy clothes and accessories. No sales taxes at all will be collected, neither state nor local sales taxes. That means shoppers will pay what the sticker price indicates for clothing, accessories and school supplies. Clothing that will be exempt from the sales tax includes footware, diapers, wedding apparel, gloves, aprons, hats, neckties and even rubber pants. Exempt accessories include jewelry, cosmetics, briefcases, watches, wigs, hair notions, umbrellas and non-prescription sunglasses. Exempt school supplies include binders, paper, notebooks, markers, pencils, rulers and protractors. It is a long list of items that common sense dictates are …Read More...
July 22, 2011 by Sue Madison
Thanks mainly to very conservative budgeting, Arkansas state government ended its fiscal year on June 30 with a surplus of about $94 million.Read More...
July 22, 2011 by wcobserver
There is a segment of our society who will never be pleased by the amount of money being spent on their favorite social program. A case in point are the recent efforts to expand Ozark Regional Transit (ORT).Read More...