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Ark. Code Ann. § 6-61-503

Millage tax

Acts 1977, No. 560, § 8; A.S.A. 1947, § 80-4908.

(1) The tax authorized to be levied under Arkansas Constitution, Amendment 52, shall not exceed ten (10) mills on the taxable real and personal property of the district.

(2) The millage approved by the electors shall be a continuing levy until reduced as provided in §§ 6-61-101 — 6-61-103, 6-61-201 — 6-61-209, 6-61-211 — 6-61-216, 6-61-301 — 6-61-305, 6-61-306 [repealed], 6-61-401, 6-61-402, 6-61-501 — 6-61-524, 6-61-601 — 6-61-603 and 6-61-604 — 6-61-612 [repealed].

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.