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AR SB116

Bill

Status

Passed

2/16/2017

Primary Sponsor

Missy Irvin

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Origin

Senate

91st General Assembly (2017 Regular)

AI Summary

  • Amends Arkansas Code § 26-26-201(d) to establish procedures for collecting and managing late assessment fees from delinquent property assessments
  • Requires delinquent persons to pay an additional fifty cents (50¢) per list to help fund property assessment expenses, subject to quorum court appropriation
  • Directs county collectors to collect the additional fee in the usual manner and deposit it into an assessor's late assessment fee fund established with the county treasurer
  • Prohibits fees collected in the late assessment fee fund from being used in the final tax settlement proration for operating the assessor's office, allowing fees to accumulate instead
  • Approved February 15, 2017

Legislative Description

To Ensure The Proper Collection And Disbursement Of Late Assessment Fees.

Last Action

Notification that SB116 is now Act 161

2/16/2017

Committee Referrals

Revenue and Taxation2/2/2017
Revenue & Taxation1/12/2017

Full Bill Text

No bill text available