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AR SB77
Bill
Status
Failed
4/25/2019
Primary Sponsor
David Wallace
Click for details
AI Summary
- Reduces the state's administrative fee for collecting sales tax from 3% to 1.5% across nine different Arkansas tax code sections
- Applies the fee reduction to state sales tax collection (Arkansas Code § 26-73-105), county sales and use taxes (§ 26-74-214, § 26-74-313, § 26-74-409, § 26-74-609), city sales taxes (§ 26-75-217, § 26-75-506), use taxes (§ 26-81-107), and levying entity taxes (§ 26-82-111)
- Deducted fees continue to be deposited into the Constitutional Officers Fund and State Central Services Fund for state services
- Funds transmitted to cities and counties for general purposes remain available quarterly or as specified in each tax code section
Legislative Description
To Amend The Law To Reduce The Administrative Fee Charged By The State To Collect Sales Tax.
Last Action
Sine Die adjournment
4/25/2019
Committee Referrals
Revenue & Taxation1/14/2019
Full Bill Text
No bill text available