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House committee hears amendment and discussion on tax credit for $1 billion Green Bay Packaging expansion

2837579 · April 1, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Representatives heard a presentation on House Bill 16‑57, which would expand and modify a tax credit tied to a proposed $1 billion investment by Green Bay Packaging in its Arkansas mill. The committee adopted an amendment to add cosponsors; the transcript does not show a final committee vote on the bill itself.

Representative Beck presented House Bill 16‑57 to the Revenue & Taxation Committee, describing an amended proposal tied to a $1,000,000,000 investment by Green Bay Packaging in its 60‑year‑old mill in Morrilton.

Beck said the 2021 law granted…

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