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AR HB1069
Bill
Status
2/14/2023
Primary Sponsor
Joint Budget Committee
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AI Summary
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Appropriates $1,000,000,000 from the Local Sales and Use Tax Trust Fund to refund each city's share of local sales and use taxes for fiscal year 2023-2024
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Appropriates $900,000,000 from the Local Sales and Use Tax Trust Fund to refund each county's share of local sales and use taxes for fiscal year 2023-2024
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Requires compliance with state procurement law, accounting procedures, revenue stabilization law, and other fiscal control laws in disbursement of funds
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Declares an emergency effective July 1, 2023, finding that the appropriations are essential to agency operations and that any delay in effectiveness could harm proper administration of government programs
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Approved February 13, 2023
Legislative Description
An Act For The Office Of The Treasurer Of State - Refund Of Local Taxes Appropriation For The 2023-2024 Fiscal Year.
Last Action
Notification that HB1069 is now Act 65
2/14/2023