AR SB282

Extends the payment deadline for county collectors to pay collected delinquent personal property taxes to the county treasurer from five (5) working days to ten (10) days after the first day of each month.

Requires county clerks, county collectors, or designated county officers to issue distribution certificates on or before the thirtieth day of each month, with the county treasurer then transferring amounts to various funds accordingly.

Specifies that all costs associated with delinquent personal property tax collection are prorated to the original taxing entities.

Directs all penalties from delinquent personal property taxes to be deposited as county general fund revenues, except in counties with a functioning executive council and full-time school district coordinator, where penalties are divided 50% to the county general fund and 50% to the county common school fund.