Senate Convenes

Senate will come to order. Senator will come to order Senator Teague you're recognized. Senator Teague you're recognized. Dot objects Senator Pitsch. For without objection madam secretary please call the roll Ballinger. Beckham. Bledsoe. Caldwell. Chesterfield. Clark. Davis. DISMANG. Elliott. English. Flippo. Flowers on leave full for. Garner. Gilmore. Hammer. Hendren. Hester. Hickey. Hello. Ingram Irvin. Blake Johnson Mark Johnson. Leding only Page. Rapert. Rice. Sample error Stubblefield. Sturch I will leave Sullivan. Teague. Tucker Wallace. Everyone please rise those in the gallery. Senate will be led in prayer by brother Danny Bills. And I just want to say coming brother Phillips is we're happy to have Senator Leding father and mother here with us. Please listen award of. Those vote hence. The father we come this morning with the is given on our hearts become bother thanking you for all the bliss and the store opponents realize father that we live in perilous taps them to fall we realize that you still sit tight and you look a little. We realize father better how chaotic things are here. That heaven has a watchful eye and then help them we will step in and one is eleven to. Whom the father will predispose a blessing for all of the members of this body. Realizan father did they have a tremendous responsibility. To be able to make decisions and decide own different bowls that affects so many lives we pray father to do because to be filled at live by the Holy Spirit. With each vote. And needs to citizen may come to follow press press a pleasant for the into the world and all over the world leaders realize father that is nothing here to we can do without. We feel it's a blessing for those in hospitals incarcerated institutions which bills press a blessing for people everywhere father who suffer. They have the father Christmas blessing the disassembly. Will be what you would have to be. All this particular session on this particular day we axes blessed NO the blessed in you at all and so on Jesus Christ's name the saucy army. Thank you. Let. The. Senate. Senator Hickey will notify the house of representatives says organized and ready for business. He will also notify the governor the Senate's organize streamline organized. They're ready for business. Please read the governor's proclamation. To all to whom these presents shall come greetings for as an extraordinary set occasion has arisen making it necessary to convene the ninety third General Assembly into an extraordinary session and harass the State of Arkansas ended fiscal year twenty twenty two with the largest surplus in Arkansas history and of a total of more than one point six billion dollars and brass during the second extraordinary session of the ninety third General Assembly individual and corporate tax cuts were passed by the legislature that are set to go into effect over the next several years and porast historic surplus demonstrates that the state can accelerate these individual and corporate tax cuts to provide income tax relief for taxpayers during this period of high heightened inflation and personal financial in security and for I. S. with the state's financial stability health reserve accounts and conservative spending policies additional tax law amendments can be an active to provide further tax relief and for I. as certain reclined or recovered fiscal year twenty twenty two unexpected general revenue balances should be transferred to a restricted reserve fund for school safety grant program to help ensure the safety of Arkansas students there for ice Johnson governor of the State of Arkansas by virtue of the power and authority vested in me by article six section nineteen of the Arkansas constitution do hereby call an extraordinary session of the General Assembly to convene in Little Rock on August nine twenty twenty two at eleven AM and I do hereby specify that the General Assembly is convened in such session consider and if so advised enact laws for the following purposes. One to amend the income tax brackets and rates for individuals to not lower than a top tax rate of four point nine percent effective January one twenty twenty two and following tax years to amend the income tax brackets and rates for domestic foreign corporations to no lower than a top tax rate of five point three percent effective January one twenty twenty three and following tax years to create a hundred and fifty dollars every non refundable income tax credit for full time Arkansas residents in individual filers with net income of up to eighty seven thousand dollars with the phase out of the credit for five dollars having net income up to a hundred and one thousand dollars for a tax year twenty twenty two to create a three hundred dollar non refundable income tax credit for full year Arkansas residents married filing jointly of flowers with net incomes of two hundred and seventy four thousand dollars with the phase out of the credit for five hours having net income of up to two hundred and two thousand dollars per tax year twenty twenty two to amend Arkansas law concerning the expensing and depreciation of property to conform with the most recent amendments to Internal Revenue Code section one seventy nine beginning in tax year twenty twenty two. And to to transfer fifty five fifty million dollars from the state surplus to restricted reserve set aside account for the purposes of a school safety grant program and three to confirm gubernatorial appointees as required by Arkansas Code ten to one thirteen and four to provide for the payment of expenses and per diem for the house of representatives and the Senate for this extraordinary session and five this call is subject to amendment prior to the date and time at which the General Assembly shall convene in testimony where I have hereunto set my hand and caused the Great still still state of Arkansas to be affixed this fifth day of August in the year of the lord twenty twenty two sign a section from governor. Senator Hickey. Okay member members this is a motion I will make on the suspension of a rule Senate rule seven point oh two I provides that No bill resolution introduced and referred to committee may be considered by a committee until at least one intervening day occurs between the date of referral and the day the committee meets to conduct business I'm making a motion to suspend the rules for the third extraordinary session of the ninety third General Assembly I appreciate a good vote. Seriki OR you saying suspend people have moral resolutions and resolutions honoring people are or what is this. Well Arul Arul provides for any bill or resolution so yes I mean they will be hurt they will be able to be heard the same day that the put on the calendar okay so it's just suspending the the waiting period yes Sir all right thank you senator other questions of all of our say aye. Follows Is have it. Motion is carried. The. Yes Senate bill one by Senator Dismang at al to reduce Arkansas income taxes to adopt federal law on depreciation and expensing of property to create an income tax credit for credit for certain taxpayers and declare an emergency Senate bill one. Hello to. Senate bill two by Senator Irvin that al an act for the department of education school safety grants a preparation and school safety set aside or contingency five three four set aside for the twenty twenty to twenty twenty three fiscal year Senate bill two Joint Budget. Any other. In our. Service may is recognized members joint budget will meet at one o'clock over big mac today and then revenue tax will meet in the old Supreme Court chamber at one thirty. Thank you what time will be in tomorrow. Jimmy nine o'clock tomorrow chamber. Yeah and we'll we'll come back into session tomorrow nine o'clock in the chamber any other. Nine AM.