Tax exemption
Acts 1981, No. 364, § 7; A.S.A. 1947, § 12-3808.
(1) The benefits payable by, and the assets of, the Arkansas Local Police and Fire Retirement System are exempt from taxes by the state or any political subdivision or agency thereof.
(2) The system shall be treated in the same manner as the Civil Service Retirement System for purposes of federal taxation.
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.