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Committee backs requiring voter approval for new or increased advertising‑promotion taxes
Summary
The Senate Revenue & Tax Committee approved HB 1027, which would require voter approval for any new advertising‑promotion (A&P) tax or rate increase; sponsors said the change applies prospectively and includes an emergency clause to prevent cities from rushing to enact taxes before the law takes effect.
Little Rock — The Senate Revenue & Tax Committee voted to approve House Bill 1027, legislation that would require voter approval for any new advertising‑promotion (A&P) tax or any increase to an existing A&P rate.
Senator Johnson, speaking for the bill and noting Representative Ray’s work in the House, said the A&P tax is currently the only local tax that does not…
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