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AR SB286

Bill

Status

Failed

4/25/2019

Primary Sponsor

Lance Eads

Click for details

Origin

Senate

92nd General Assembly (2019 Regular)

AI Summary

  • Reduces the State Central Services Fund allocation from 80% to 78.5% of insufficient Ad Valorem Tax Fund moneys for local audits by Arkansas Legislative Audit
  • Maintains 5% allocation to the Tax Division of the Arkansas Public Service Commission
  • Maintains 15% allocation to the Assessment Coordination Department
  • Creates new 1.5% allocation credited to the Miscellaneous Agencies Fund Account for exclusive use by the Arkansas Waterways Commission

Legislative Description

To Amend The Ad Valorem Tax Fund To Provide Funding For The Arkansas Waterways Commission.

Last Action

Sine Die adjournment

4/25/2019

Committee Referrals

Revenue & Taxation2/7/2019

Full Bill Text

No bill text available