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HB 1546, the bill to phase out the 29-year-old tax on soft drinks, failed for a third time in the House today.
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Needing 67 votes, the measure got 61, five fewer than the vote yesterday on its second run.
A motion to clinch the outcome and thus prevent another vote failed.
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There was no debate preceding the vote, which would eventually cost a loss of $40 million in revenue a year. That, in turn, would come out of general revenue for transfer to the Medicaid fund, which the tax was created to support.
The tax works out to a bit more than one cent for a 12-ounce can of soda pop.
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April 14, 2021 at 09:06PM
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Soft drink tax repeal fails again - Arkansas Times
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