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Beneath Senate Invoice 1828, the 4 common fund fees is likely to be consolidated into one, and the fees is likely to be decreased over time. Particularly, the 4.5 p.c cap is efficient retroactive to January 1, 2021, which means Arizona’s fees for TY 2021 match the charges that had been in place sooner than Prop. 208 was adopted, though some income from the 4.5 % prime marginal worth will go to training whereas some will go to the overall fund. As part of ongoing reform efforts, Arkansas decreased every its particular person and company fees this yr.
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