AR SB180

Requires voter approval for county gross receipts taxes on hotels, restaurants, and short-term rental accommodations, with elections to be held within 120 days of ordinance enactment and tax levied upon majority approval.

Allows counties and cities to initiate tax levies either through quorum court/governing body ordinances or through citizen petitions signed by at least 500 electors, both requiring subsequent voter approval.

Applies 2% tax cap for counties and 3% cap for cities on gross receipts from hotel/motel rentals and prepared food sales, with exemptions for rentals of 30+ days and for 501(c)(3) fraternal organizations.

Makes technical corrections to tax collection and enforcement procedures, including clarifying penalty and interest assessment procedures (5% monthly penalty up to 35% total, 10% annual interest on unpaid taxes).

Requires voter approval for city sales taxes on hotels and restaurants under § 26-75-701 if petitions signed by 500+ qualified electors are filed within 30 days of ordinance adoption.