Property Tax Relief Trust Fund. [Effective until July 1, 2017.]
Known as the Revenue Stabilization Law
The act spans §§ 19-5-1001 to 19-5-999 (376 sections).
Acts 2001, No. 1646, § 10; 2007, No. 110, § 7; 2009, No. 1440, § 3; 2009, No. 1441, § 3; 2012, No. 271, § 3; 2012, No. 287, § 3; 2013, No. 1411, § 3.
(1) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a special revenue fund to be known as the “Property Tax Relief Trust Fund”.
(2) The fund shall consist of such revenues as generated by §§ 26-52-302(c), 26-52-317(c)(1)(B), 26-52-319(a)(2)(B), 26-53-107(c), 26-53-145(c)(1)(B), 26-53-148(a)(2)(B), 26-56-201(g)(1)(C), and 26-56-224(c)(2) and shall be used for such purposes as set out in § 26-26-310.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.