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AR SB839
Bill
Status
4/22/2015
Primary Sponsor
Jake Files
Click for details
AI Summary
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Allocates 1.5% of real property transfer tax revenues to the Department of Finance and Administration for construction, salaries, and operation of the U.S. Marshals Museum to promote tourism statewide
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Directs the remaining 78.5% of the 80% distribution to the Arkansas Natural and Cultural Resources Grants and Trust Fund for acquisition, management, and stewardship of state-owned lands and preservation of historic sites
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Maintains 10% of net revenues for the Parks and Tourism Fund Account to support outdoor recreational grants to cities and counties
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Maintains 10% of net revenues for the Natural and Cultural Resources Historic Preservation Trust Fund to support state historic preservation programs and the "Main Street" program
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Preserves existing provisions allowing the Arkansas Natural and Cultural Resources Council to make discretionary grants to other state agencies and accumulate or expend fund resources
Legislative Description
To Amend The Distribution Of Certain Real Property Transfer Tax Revenues; And To Provide A Source Of Funding For The U.s. Marshals Museum.
Last Action
Sine Die adjournment
4/22/2015