JANUARY 30, 2007 - Posted at 7:34 a.m. CST
LITTLE ROCK, AR - A bill providing the largest tax cut in Arkansas' history by halving the state's sales tax on groceries won the quick support of a Senate committee, but may face a tougher time in the House.
The bill, a cornerstone promise of Governor Beebe's campaign last year, was discussed less than 20 minutes in the Senate Committee on Revenue and Taxation before members endorsed it with a voice vote yesterday.
House Speaker Benny Petrus has said he expects three bills to be filed this week as an alternative to Beebe's tax-cut proposal. A bill filed yesterday by Representative Kevin Anderson of Rogers would provide an income tax credit as opposed to a grocery tax cut.
Speaking before the Senate Committee, Beebe said the tax cut was "imperative" to the state's taxpayers.