Legislation that would implement Gov. Asa Hutchinson's plan to cut the state's top individual income tax rate from 6.9 percent to 5.9 percent over two years zipped through an Arkansas Senate committee on Monday.
With no audible dissenters, the Senate Revenue and Taxation Committee recommended Senate approval of Senate Bill 211 by Sen. Jonathan Dismang, R-Searcy.
"There has been a lot of work go into this bill .. and it is really a good compromise between the legislative body and the executive branch," Dismang told the committee he chairs.
No one testified for or against the bill after Dismang spent about a minute and a half explaining it.
If enacted into law, the income tax cut will be the third since Hutchinson took office in 2015.
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