Grocery Tax Phase-Out Filed - KAIT Jonesboro, AR - Region 8 News, weather, sports

84th General Assembly

Grocery Tax Phase-Out Filed

January 16, 2003
Posted at: 6:19 p.m. CDT

LITTLE ROCK, Ark. -- More legislation to remove the state sales tax from food was filed today.

The bill from Senator Denny Altes of Fort Smith, would reduce the gross receipts tax on groceries by 50 percent starting July 1 of next year.

The rest of the tax would be dropped a year later. Local taxes on food would remain. As of July first 2005 the bill would exempt food from the one eighth cent excise tax levied under Amendment 75.

Copyright 2003 Associated Press. All rights reserved.
This material may not be published, broadcast, rewritten, or redistributed.

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