AR HB1027

Requires voter approval through special election for any county ordinance that levies or increases hotel/restaurant gross receipts taxes under Arkansas Code § 26-74-501, with election held at earliest permitted date or delayed if less than 75 days from ordinance enactment

Requires voter approval through special election for any city ordinance that levies or increases gross receipts taxes on hotels, restaurants, and other specified businesses under § 26-75-602, with same 75-day timing requirement

Requires voter approval through special election for any city ordinance that levies or increases sales taxes on hotels and restaurants under § 26-75-701, with election held at earliest permitted date or delayed until next available date if insufficient time

Makes technical corrections to statutory language regarding tax collection procedures, penalties, interest rates, and enforcement mechanisms for the advertising and promotion commissions

Declares emergency clause citing that Arkansas has higher state and local tax burden than southeastern peers and third-highest combined sales tax rate nationally, making immediate implementation necessary