Arkansas Budget

The empty Arkansas Senate chamber as seen in August when lawmakers last convened. On Tuesday, the legislature will be called together for a special session primarily to consider Gov. Asa Hutchinson's tax cut proposal.

Record surplus prompts Arkansas Governor to call special session

Michael Tilley

The previously estimated Arkansas budget surplus of $1.473 billion grew to a record $1.628 billion, which resulted in Gov. Asa Hutchinson on Tuesday (July 5) calling for an Aug. 8 special session to discuss possible tax cuts.

Governor Asa Hutchinson (R-AR) presenting his budget to Arkansas legislators in Little Rock.

Governor touts tax cut, budget surplus in State Chamber speech

Steve Brawner

Gov. Asa Hutchinson said his budget calls for reducing the top individual income tax rate for new residents to 4.9% for five years. Doing so would attract tech and manufacturing talent and also retirees.

Funding

WATCH: Arkansas Governor Hutchinson presents budget to state lawmakers

KASU Newsroom

Recently re-elected Arkansas Governor Asa Hutchinson (R) is presenting his budget to state legislators today in Little Rock. Watch his presentation…