Full House Expected to Consider Two New Revenue Bills - KAIT Jonesboro, AR - Region 8 News, weather, sports

Little Rock (AP)

Full House Expected to Consider Two New Revenue Bills

January 31, 2004 — Posted at 10:16 am CST

(Little Rock-AP) -- The special session on education reform
could be moving into its final week Monday. The eight-week
session has resulted so far in a school consolidation bill that the
governor didn't sign because he said it didn't go far enough and a
school-funding formula that legislators hope will meet state
Supreme Court review. Legislators also have passed higher
accountability standards for students and schools.

What's left is a way to raise the additional 400 (m) million
dollars to pay for those school improvements approved in the
special session. Legislators are focusing on a state sales tax
increase of seven-eighths of a cent along with an increase in
corporate franchise taxes.

Next week, the full House is expected to take up the two revenue
measures.

(Little Rock-AP) -- The Legislature is considering taxing some
services that currently aren't taxed to raise money for the state's
education system. Under a proposal that would raise the state sales
tax by seven-eighths of a cent, tattooing, body piercing and
electrolysis would be taxed.

Here are other untaxed services that would taxed for the first
time if the measure passes -- boat storage and docking fees,
camping spaces, dry cleaning and laundry, locksmith services,
gutter cleaning, pest control, pet grooming, and wrecker and towing
services.


(Copyright 2004 by The Associated Press.  All Rights Reserved.)

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