Arkansas Legislature Concludes Fiscal and Special Sessions

The Arkansas General Assembly recently concluded the 2026 Fiscal Session and subsequent Special Session focused on the state budget and tax relief.

During the Fiscal Session, lawmakers approved the Revenue Stabilization Act for Fiscal Year 2027, funding priorities including education, workforce development, public safety, higher education, and other essential state services. Legislators also approved an increase in the homestead property tax credit for Arkansas homeowners.

“Arkansas is in a strong position because our state has stayed focused on responsible budgeting and economic growth,” said Randy Zook, President and CEO of the Arkansas State Chamber/AIA. “The business community appreciates the work of legislators to keep Arkansas moving in the right direction while continuing to invest in priorities that matter to employers and communities alike.”

Following adjournment of the Fiscal Session, Governor Sarah Huckabee Sanders called a Special Session focused on additional tax relief. During the session, lawmakers approved reductions to both the individual and corporate income tax rates aimed at strengthening Arkansas’s competitive position for business investment and job creation.

“Tax policy matters when companies are deciding where to invest and grow,” said Zook. “These actions continue Arkansas’s momentum and send a positive message that our state is committed to creating opportunities for businesses, workers, and families.”

The Arkansas State Chamber/AIA appreciates Governor Sanders and members of the General Assembly for their leadership and continued focus on policies that support economic growth and long-term competitiveness in Arkansas.

Randy Zook

President and CEO

Arkansas State Chamber of Commerce / Associated Industries of Arkansas