Ark. Senate looks at tax cuts on groceries, cars

    7:23 AM, Feb 21, 2011   |    comments
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    LITTLE ROCK, Ark. (AP) -- The Arkansas Senate is considering cutting Arkansas' taxes on groceries and used cars, a week after the House approved three tax cuts that Gov. Mike Beebe says the state can't afford.

    The Senate Revenue and Taxation Committee is expected to vote on a half-cent cut in the sales tax on groceries advocated by Beebe. The tax cut, if approved, would take effect July 1 and cost the state $20.8 million.

    The panel is also scheduled to consider raising the sales tax exemption on used cars from $2,500 to $5,000, which would cost the state about $5.8 million.

    Beebe has said the state can't afford any tax cuts other than the grocery tax he's advocating. The House last week approved cutting taxes on capital gains, manufacturers' utilities and single parent income.

    The House and the Senate convened for the 88th General Assembly this year.

    You can watch everything that happens in the House of Representatives on their live stream from the Capitol. Arkansas' House shelled out more than $375,000 to equip four committee rooms with cameras and hardware.

    You can also keep up with everything in the Arkansas Senate with their website.

    Also, on the 88th General Assembly website, you can keep track of all the bills filed and proposed and find a list of all your Arkansas legislators.

    (Copyright 2011 by The Associated Press.  All Rights Reserved.)

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