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AR HB1093
Bill
Status
Passed
5/3/2016
Primary Sponsor
Joint Budget Committee
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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