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AR SB251
Bill
Status
4/18/2013
Primary Sponsor
Gary Stubblefield
Click for details
AI Summary
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Amends Arkansas Code § 19-5-1247(b) to clarify which fees the Secretary of State must remit to the Treasurer of State from Uniform Commercial Code activities.
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Expands the fees subject to remittance to include all fees collected under Arkansas Code §§ 4-9-525(a)(1), 4-9-525(a)(3), and 4-9-525(b)–(d), replacing the previous requirement to remit only $12.00 per initial financing statement and termination statement filing.
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Requires the Treasurer of State to deposit all remitted funds into the County Voting System Grant Fund.
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Declares an emergency, making the act effective upon gubernatorial approval, expiration of the veto period, or veto override by the legislature.
Legislative Description
To Clarify The Procedures For Remitting Funds Associated With Uniform Commercial Code Activity; And To Declare An Emergency.
Last Action
Notification that SB251 is now Act 1311
4/18/2013