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AR HB1150
Bill
Status
2/24/2012
Primary Sponsor
Joint Budget Committee
Click for details
AI Summary
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Appropriates $27,372,099 in general revenues to municipalities through the Municipal Aid Fund for fiscal year 2012-2013.
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Appropriates $120,000,000 in special revenues to municipalities through the Municipal Aid Fund for fiscal year 2012-2013.
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Appropriates $19,645,067 in general revenues and $160,000,000 in special revenues (including Highway Turnback and Severance Taxes) to counties through the County Aid Fund for fiscal year 2012-2013.
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Appropriates $20,000,000 for unanticipated special revenues from mineral, oil, and gas sales or leases on federal military lands to be distributed to counties according to law.
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Appropriates $250,000,000 from the Property Tax Relief Trust Fund for statewide property tax reduction to counties, plus $4,000,000 each to counties and municipalities from the same fund, effective July 1, 2012 through June 30, 2013.
Legislative Description
An Act For The Office Of The Treasurer Of State - For State Turnback For Counties And Municipalities Appropriation For The 2012-2013 Fiscal Year.
Last Action
House Notification that HB1150 is now Act 208
2/24/2012