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[19 Mar 2011 | One Comment | 1,922 views]
So much for a home buyer credit in Arkansas

Just last week, we posted an article about HB1986, a bill that would give up to $2,500 to as many as 2,800 first-time home buyers in Arkansas.
That bill was filed on March 7, received a “do pass” recommendation from the House Committee on Insurance & Commerce on March 16 and then failed by a vote of 56-22 on March 17. Indeed, the bill had a legislative life of a mere 10 days.
The bill would have cost the state of Arkansas $7 million and was put forth as a way to …