Arkansas House of Representatives
05/05/2026 | Press release | Distributed by Public on 05/05/2026 13:04
Daily Summary for Tuesday, May 5, 2026
The House convened for the second day of the special session and approved HB1001 by a vote of 79-17. The bill would lower the top individual income tax rate to 3.7% beginning January 1, 2026, and reduce the top corporate tax rate to 4.1% starting January 1, 2027.
The House Revenue and Taxation Committee also met this afternoon and advanced SB1, an identical bill from the Senate.
The House will reconvene tomorrow at 9:30 a.m. to consider SB1, which is expected to conclude the special session. The House will convene as a caucus 5 minutes after adjournment.
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