Arkansas Legislature OKs budget, adjourns

By: 
The Associated Press

Arkansas legislators have wrapped up the bulk of their work for the 2017 regular session. They'll come back in early May to tie up loose ends, and it is expected that they'll also have a special session in May to deal with changes in the state Medicaid program.

Before leaving, the lawmakers approved a $5.5 billion state budget and also a rainy day fund.

A last-hour effort to impose sales taxes on online purchases failed. The bill would have required that companies without a physical presence in Arkansas collect sales taxes if they had more than $100,000 in annual sales or at least 200 transactions in the state. One opponent said a regulation like that had to be left to Congress.

Amazon last month voluntarily began collecting such taxes. Some legislators wanted to make sure all online retailers are collecting and remitting the taxes.

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