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AR HB1109
Bill
Status
Passed
1/27/2025
Primary Sponsor
Joint Budget Committee
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AI Summary
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Appropriates $1,750,000,000 from the Uniform Tax Rate Trust Fund to the Office of the Treasurer of State for distribution to counties
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Fulfills the constitutional requirement under Amendment 74 to redistribute property tax funds to Arkansas counties
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Covers fiscal year 2025-2026, ending June 30, 2026
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Includes an emergency clause making the act effective July 1, 2025 to ensure uninterrupted government operations
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Approved January 27, 2025 as Act 5 of the Regular Session
Legislative Description
An Act For The Office Of The Treasurer Of State - Amendment 74 Property Tax Appropriation For The 2025-2026 Fiscal Year.
Last Action
Notification that HB1109 is now Act 5
1/27/2025
Committee Referrals
Budget1/13/2025
Full Bill Text
No bill text available