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Home » US Law » 2020 Arkansas Code » Title 10 - General Assembly » Chapter 3 - Committees » Subchapter 14 - Office of Economic and Tax Policy

§ 10-3-1401. Joint Committee on Economic and Tax Policy — Creation

(a) (1) There is hereby created the “Joint Committee on Economic and Tax Policy” which shall be composed of: (A) The cochairs of the Legislative Council; (B) The cochairs of the Joint Budget Committee; (C) The Chair of the Senate Committee on Revenue and Taxation; (D) The Chair of the House Committee on Revenue and […]

§ 10-3-1403. Office of Economic and Tax Policy — Powers and duties

(a) The Office of Economic and Tax Policy shall work under the standards and guidelines of the Joint Committee on Economic and Tax Policy and shall: (1) Review the biennial and annual revenue forecast submitted by the executive branch; (2) Provide legislators with such information as may be requested regarding the data and assumptions supporting […]

§ 10-3-1404. Forecast of general revenues

(a) (1) On or before the third Wednesday in May before the beginning of each fiscal year, the Chief Fiscal Officer of the State shall submit to the Joint Committee on Economic and Tax Policy the following forecasts of general revenues to be available under the Revenue Stabilization Law, § 19-5-101 et seq.: (A) The […]

§ 10-3-1405. Interdepartmental cooperation and assistance

(a) The Department of Finance and Administration shall cooperate with and assist the Office of Economic and Tax Policy in carrying out its responsibilities by providing: (1) The office with such nonconfidential tax information as may be requested by the office; and (2) Such other assistance to the office as may be requested. (b) (1) […]