Rep. Mike Holcomb

Maddy summaryHB 1001 reduces income tax rates for Arkansas residents, including individuals, trusts, estates, and both domestic and foreign corporations. For individuals, the bill establishes a progressive tax structure with rates ranging from 0% to 3.7% for income up to $94,700, while providing a specific tax credit for income between $94,701 and $97,600. Corporations see their tax brackets adjusted starting in 2027, with rates increasing from 1% to 4.1% on net income exceeding $11,000. The legislation also includes provisions for annual adjustments to the individual tax tables to account for inflation or other economic factors.

Maddy summaryHouse Bill 1534 proposes to increase the existing homestead property tax credit. This bill directly affects homeowners by reducing the amount of property taxes they owe on their primary residence. The key mechanism is an adjustment to the credit amount, providing a larger tax reduction for eligible households.

Maddy summarySB 526 proposed to prohibit the retail sale of specific disposable vapor products in Arkansas. It defined a "disposable vapor product" as one with a non-detachable battery that cannot be refilled and is designed for disposal after use. The bill would have banned retailers from selling such products if they originated from a "prohibited foreign party." The Director of Arkansas Tobacco Control could seize non-compliant products, with violations being a Class A misdemeanor, although FDA-approved products were exempt. A 90-day grace period was included for businesses to liquidate existing inventory.

Maddy summarySenate Bill 204 proposes to exempt certain financial gains from state gross income for tax purposes. This exemption would apply to taxpayers whose property is acquired by a government or entity under the right of eminent domain or the threat of condemnation. Essentially, any profit a property owner makes from such a forced sale would not be considered taxable income under this bill.

Maddy summaryHouse Bill 1626, as amended, aimed to prohibit the sale of certain disposable vapor products. The bill's central provision was to ban the sale of disposable vapor products that originate from a "prohibited foreign party," a term defined by referencing an existing legal statute (§ 18-11-802). This measure would have directly impacted retailers selling vapor products and consumers who purchase them. The bill did not pass and died in committee.

Maddy summaryHouse Joint Resolution 1004 (HJR 1004) proposes that the state formally requests the United States Congress to call a Convention of the States. The specific purpose of this convention would be to propose an amendment to the U.S. Constitution. This amendment would establish term limits for members of the United States Congress, directly affecting those who serve in the House of Representatives and the Senate.

Maddy summaryHB 1331 addresses situations where an Arkansas county's local legislative body does not adopt a new annual budget. The bill requires that if a new annual spending plan is not passed, the county must continue its operations and pay for expenditures, including employee salaries, based on the previous year's budget. This process continues until a new annual budget is officially adopted. The bill includes an emergency clause to ensure immediate implementation, aiming to prevent disruptions to county services and employee payments.

Maddy summaryHJR 1015 was a proposed constitutional amendment in Arkansas that aimed to change how judicial candidates appear on the ballot. If approved, it would have required candidates for Supreme Court Justice, Court of Appeals Judge, Circuit Judge, and District Judge to declare their political party affiliation or independent status. This declared affiliation or independent status would then be printed on the ballot for voters to see. The stated purpose of the amendment was to ensure transparency regarding judicial candidates' affiliations. This amendment would have taken effect on January 1, 2027, if passed.

Maddy summaryHB 1065, titled "TO CREATE THE INFLATION REDUCTION ACT OF 2025," died in the House Committee on Revenue & Taxation on May 5, 2025, without becoming law. The provided bill text contains no substantive policy language or specific mechanisms; it only includes a list of supporting legislators and procedural details. No concrete policy changes, affected groups, or key provisions are described in the available text. As a bill that stalled in committee with no enacted provisions, it did not implement any inflation-related measures. The title appears to be a placeholder, as no actual inflation reduction policy was outlined in the submitted bill.

Maddy summarySenate Joint Resolution 11 (SJR 11) proposes a constitutional amendment to the Arkansas Constitution. This measure aims to modify Article 2, Section 5, with the specific intent to protect the right to keep and bear arms for individuals. If enacted, it would alter the state's foundational document concerning this right.