Beebe Signs $10 Million Tax Cut for Manufacturers

LITTLE ROCK (AP) — Gov. Mike Beebe has signed into law a nearly $10 million break on the tax that manufacturers pay on their utility bills.

The governor signed identical House and Senate bills Monday that would reduce the tax from 3.875 percent to 3.125 percent. The bills are sponsored by Rep. David Dunn, D-Forrest City, and Sen. Barbara Horn, D-Ashdown.

via ArkansasBusiness.com

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