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AR HB1093

Bill

Status

Passed

5/3/2016

Primary Sponsor

Joint Budget Committee

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Origin

House of Representatives

90th General Assembly (2016 Fiscal)

AI Summary

  • Appropriates $1,350,000,000 to the Office of the Treasurer of State for fiscal year 2016-2017 from the Uniform Tax Rate Trust Fund
  • Funds are designated for redistribution of property tax revenues to counties as required by Amendment 74 to the Arkansas Constitution
  • Disbursement must comply with State Procurement Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, and other applicable fiscal control laws
  • Act becomes effective July 1, 2016 with emergency clause declaring immediate effectiveness essential to agency operations
  • Bill was approved on May 3, 2016

Legislative Description

An Act For The Office Of The Treasurer Of State - Amendment 74 Property Tax Appropriation For The 2016-2017 Fiscal Year.

Last Action

Notification that HB1093 is now Act 162

5/3/2016

Committee Referrals

Budget4/13/2016

Full Bill Text

No bill text available