An Arkansas House Committee passed a proposal Wednesday to offer $125 million to a steel company to locate in the state.
The House Agriculture and Economic Development Commission advanced on a voice vote a bill that would give the state the authority to use state money for economic development to provide infrastructure, training and tax credits for Big River Steel, which would be located in Osceola.
State Economic Development Director Grant Tennille told lawmakers the plan isn’t without risk, but whether it fails or not, would be an economic benefit to the state.
Lawmakers are meeting Wednesday afternoon to discuss bill to expand private health insurance coverage for people with income 138 % below the Federal Property Level.
Senator Jonathan Dismang, (Rep) from Beebe is the sponsor for one bill to expand coverage.
"There's a lot of discussion that individuals want to have about the actuarial study that was released last week. So my understanding is we're trying to simplified those spread sheets so it's more understandable and the folks from DHS will be on hand to help answer questions,” said Dismang.
Arkansas State Police say a Bryant police officer shot and killed a man while investigating a burglary alarm.
State police say two officers responded to the burglary call late Tuesday at Fred's Store on Arkansas 5 in Bryant. Authorities say gunfire erupted between an officer and a man who was in a fenced area along the west side of the building.
The suspect was pronounced dead at the scene. State police say the officer was injured in the shooting and taken to a Little Rock hospital, where he was treated and released.
Federal pipeline safety officials have issued a corrective action order to ExxonMobil after one of the company's pipelines ruptured last week in central Arkansas.
The Pipeline and Hazardous Materials Safety Administration issued the order Tuesday after ExxonMobil's Pegasus pipeline ruptured Friday in the small city of Mayflower, about 25 miles northwest of Little Rock.
An Arkansas House panel has endorsed a proposal to cut taxes on manufacturers in the state.
The House Revenue and Taxation Committee on Tuesday voted to approve the measure, sending it to the full House for consideration. The bill would reduce the sales and use taxes on natural gas and electricity used by manufacturers.
State finance officials estimate that the proposal will decrease state revenue by about $14 million next year and roughly $25 million in subsequent years.