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AR SB5

Bill

Official Source

Status

Passed

4/23/2013

Primary Sponsor

Bill Sample

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Origin

Senate

89th General Assembly (2013 Regular)

AI Summary

  • Increases the annual tax on all timberlands in Arkansas from 15 cents to 20 cents per acre under the Forest Fire Protection Tax Act of 1969
  • Tax revenue is deposited into the State Treasury for credit to the State Forestry Fund as special revenues
  • Funds are designated for maintenance, operation, and improvement of the Arkansas Forestry Commission's statewide forest fire detection, prevention, and suppression program
  • Effective for assessment years beginning on and after January 1, 2013

Legislative Description

To Provide Additional Funding For The Arkansas Forestry Commission And To Increase The Tax Levied Under The Forest Fire Protection Tax Act Of 1969.

Last Action

Notification that SB5 is now Act 1391

4/23/2013

Committee Referrals

Revenue and Taxation3/7/2013
Revenue & Taxation1/14/2013

Full Bill Text

No bill text available