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AR HB1031
Bill
Status
2/23/2018
Primary Sponsor
Joint Budget Committee
Click for details
AI Summary
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Appropriates $700,000,000 from the Local Sales and Use Tax Trust Fund to the Office of the Treasurer of State for refunding each city's share of local sales and use taxes for fiscal year 2018-2019
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Appropriates $700,000,000 from the Local Sales and Use Tax Trust Fund to the Office of the Treasurer of State for refunding each county's share of local sales and use taxes for fiscal year 2018-2019
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Requires disbursement of funds to comply with the State Procurement Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, and other applicable fiscal control laws and regulations
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Directs that funds be disbursed in compliance with stated reasons for the act as documented in Agency Requests, Executive Recommendations, Legislative Recommendations, and official minutes of the Arkansas Legislative Council or Joint Budget Committee
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Effective date is July 1, 2018
Legislative Description
An Act For The Office Of The Treasurer Of State - Refund Of Local Taxes Appropriation For The 2018-2019 Fiscal Year.
Last Action
Notification that HB1031 is now Act 148
2/23/2018