AR SB1027

Director of Finance and Administration must determine that federal law authorizes Arkansas to collect sales and use tax from sellers without physical presence in the state and that such sellers are making taxable sales to state purchasers

When conditions are met, the Chief Fiscal Officer must certify monthly to the Treasurer the amount of net general revenues from out-of-state sellers and the total available net general revenues from motor vehicle sales plus 6% of specified auto-related sales and services revenues

Treasurer deposits certified amounts into the State Highway and Transportation Department Fund, with deposits capped at the amount of revenues collected from sellers without physical presence in the state

"Auto-related sales and services" includes all motor vehicle parts (tires, batteries, etc.) and all labor, installation, maintenance, diagnostic, and repair services performed on motor vehicles