In the News

Fiscal Year 2023 Revenue Summary

2023-09-11T17:38:29+00:00 Jul 7th, 2023|In the News|

This week we received the Fiscal Year 2023 Revenue Summary. It shows we ended the fiscal year with the second-largest surplus in state history. Results from collections and distributions for FY 2023 reached $7.185 billion. That is $1.161 billion in excess of the full funding level for the Revenue Stabilization Act representing a surplus. The [...]

Women Veterans Day

2023-07-06T00:31:07+00:00 Jun 9th, 2023|In the News|

One of the pieces of legislation signed into law this year creates Women Veterans Day as a state memorial day to be celebrated on June 12 each year. Act 115 states Women Veterans Day is acknowledged as an effort to honor the work of women in the United States Armed Forces and recognizes the unique [...]

2023 Agriculture Legislation

2023-07-06T00:27:59+00:00 Jun 2nd, 2023|In the News|

Agriculture has long been the backbone of our state’s economy. Currently, the industry contributes more than $19 billion annually to our economy. The ripple effect of agriculture reaches far beyond the farm. It stimulates rural economies and supports local businesses. The industry supports more than 240,000 jobs statewide. Every legislative session, the General Assembly introduces [...]

Memorial Day

2023-07-06T00:25:14+00:00 May 26th, 2023|In the News|

Our state has a deep-rooted history of patriotism and sacrifice. In World War II, nearly 10% of our population at the time served our country in the various branches of the U.S. Armed Forces. More than 3,500 were killed as a result of combat. Arkansans continued to answer the call to serve. 461 Arkansans lost [...]

Economic Development Legislation 2023

2023-05-24T15:40:42+00:00 May 19th, 2023|In the News|

Employment in Arkansas has increased for seven consecutive months. The latest report from the Arkansas Division of Workforce Services shows the unemployment rate at 2.8%. By comparison, the national unemployment rate is 3.4%. Compared to this time last year, there are 12,869 additional employed Arkansans. While low unemployment rates are indicative of a healthy and [...]