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AR SB21
Bill
Status
4/23/2013
Primary Sponsor
Joint Budget Committee
Click for details
AI Summary
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Renames "Ouachita Technical College" to "College of The Ouachitas" in motor vehicle restrictions and agency procurement provisions.
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Adds seven new revenue sources to General Revenues enumeration: international student exchange visitor placement organization registration fees, first $4,000,000 of 8½¢ distillate fuel tax (effective July 1, 2012), and two tobacco product manufacturer civil penalties.
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Adds four new Special Revenues to enumeration including annual fleet management fees, securities agents branch office registration fees, nonprofit motor vehicle fleet management fees, and suspended registration reinstatement fees.
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Amends the Arkansas Retirement Community Program Fund Account to redirect administration from the Arkansas Economic Development Commission to the Arkansas Institute for Economic Advancement at the University of Arkansas at Little Rock and the Arkansas Association of Development Organizations.
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Creates the State Aid Street Fund consisting of one cent per gallon tax from motor fuel taxes and distillate fuel taxes for construction and improvements of state aid street systems apportioned to municipalities; declares emergency effective July 1, 2013.
Legislative Description
An Act To Amend The Revenue Classification Law Of Arkansas; And For Other Purposes.
Last Action
Notification that SB21 is now Act 1393
4/23/2013