AR HB1048

Appropriates $99,077,647 from the State Central Services Fund for the Department of Finance and Administration - Revenue Services Division for personal services and operating expenses for fiscal year 2014-2015

Establishes maximum of 1,480 regular employees across 49 job classifications ranging from Grade C103 to N912, plus authorizes up to 221 temporary or part-time "Extra Help" employees

Appropriates $1,752,897 from the Commercial Driver License Fund and establishes contingent data entry positions (50 employees) that may be activated if the department ends a private contractor relationship

Appropriates funds for various tax refund and rebate programs: $680,000,000 for individual income tax and property tax rebates, $200,000,000 for corporate income tax refunds, $1,500,000 for gasoline tax refunds, and $20,000,000 for interstate motor fuel tax refunds

Amends Arkansas Code § 26-52-402(c)(2)(B) to expand gross receipts tax exemptions for manufacturing equipment to include sand and proppants used in oil and gas well operations