Loading chat...

AR HJR1018

Joint Resolution

Status

Passed

3/8/2019

Primary Sponsor

Jeff Wardlaw

Click for details

Origin

House of Representatives

92nd General Assembly (2019 Regular)

AI Summary

  • Proposes a constitutional amendment to continue a 0.5% sales and use tax on tangible personal property, specified digital products, digital codes, and services (excluding food and food ingredients) after bonds authorized under Amendment 91 are retired.

  • Tax revenue shall be distributed to the State Highway and Transportation Department Fund, County Aid Fund, and Municipal Aid Fund according to percentages in Arkansas Highway Revenue Distribution Law sections 27-70-201 and 27-70-206.

  • Tax becomes effective July 1, 2023 if the Chief Fiscal Officer determines a written statement under Amendment 91 § 8(b) was filed before June 1, 2023; otherwise takes effect 30 days after such statement is filed.

  • Revenue cannot be used to secure bonds issued by the State Highway Commission.

  • Amendment requires approval by a majority of voters in the next general election for Representatives and Senators.

Legislative Description

To Continue A Levy Of A One-half Percent Sales And Use Tax For The State’s Highway System, County Roads, And City Streets.

Last Action

Correctly enrolled and ordered transmitted to the Governor's Office.

3/8/2019

Committee Referrals

State Agencies & Governmental Affairs3/5/2019
State Agencies and Governmental Affairs2/14/2019

Full Bill Text

No bill text available