reglab/statecodes huggingface dataset:
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 2 - SALES AND USE TAX FOR CAPITAL IMPROVEMENTS (§§ 26-75-201 — 26-75-223) › Section 26-75-223 - Administration of Local Sales and Use Tax Trust Fund

(a)
(1)
There is created a trust fund for the remittance of local sales and use taxes which shall be known as the "Local Sales and Use Tax Trust Fund".
(2)
(A)
There is also created a trust fund which shall be known as the "Identification Pending Trust Fund for Local Sales and Use Taxes".
(B)
(i)
Money reported as local sales and use taxes which was collected in local taxing jurisdictions which are not immediately identifiable and money collected in local jurisdictions which have no tax shall be deposited into the Identification Pending Trust Fund for Local Sales and Use Taxes.
(ii)
When a local tax jurisdiction is identified for money which has been deposited into the Identification Pending Trust Fund for Local Sales and Use Taxes, the money shall be transferred to the Local Sales and Use Tax Trust Fund.
(iii)
When the total amount in the Identification Pending Trust Fund for Local Sales and Use Taxes exceeds fifty thousand dollars ($50,000), the Treasurer of State shall transfer any amount in excess of fifty thousand dollars ($50,000) to general revenues.
(C)
(i)
Money reported as local sales and use taxes which was collected by an out-of-state vendor and which is not identifiable shall be deposited into the Identification Pending Trust Fund for Local Sales and Use Taxes. Any such funds so deposited shall not be included for computation of transfer to general revenue in subdivision (a)(2)(B) of this section.
(ii)
The Treasurer of State shall distribute unidentified local sales and use taxes collected by out-of-state vendors to the county treasurers and city treasurers as determined by their proportionate share of distribution from the Local Sales and Use Tax Trust Fund on a monthly basis.
(b)
(1)
The Treasurer of State as the administrator of the Local Sales and Use Tax Trust Fund shall review the flow of moneys through the Local Sales and Use Tax Trust Fund in the State Treasury for the purpose of estimating the amount of the moneys as may be surplus to the immediate requirements of the Local Sales and Use Tax Trust Fund.
(2)
After making the estimate the administrator shall invest the estimated surplus amount in certificates of deposit issued by any financial institution located in the State of Arkansas. All interest income derived from the certificates of deposit shall be credited as trust fund income to the Local Sales and Use Tax Trust Fund.
(3)
The Treasurer of State shall monthly transmit to the county treasurers and city treasurers their proportionate share of the interest derived from investment of the Local Sales and Use Tax Trust Fund.
Acts 1981 (1st Ex. Sess.), No. 26, § 18; 1983, No. 513, § 1; 1985, No. 1028, § 1; A.S.A. 1947, §§ 17-2038, 17-2046; Acts 1991, No. 621, § 3.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 3 - SALES TAX FOR CAPITAL IMPROVEMENTS (§§ 26-75-301 — 26-75-321) › Section 26-75-301 - Purpose

(a)
This subchapter is intended to supplement all constitutional provisions and other acts adopted for the acquiring, constructing, and equipping of capital improvements of a public nature and the issuance of bonds for the financing of capital improvements of a public nature.
(b)
When applicable, in accordance with the provisions of this subchapter, this subchapter may be used by any city as an alternative, notwithstanding and without the necessity of compliance with any constitutional provision or any other act authorizing the city, or any commission or agency of the city, to issue bonds, for the purpose of financing the acquisition, construction, and equipment of capital improvements of a public nature.
(c)
(1)
This subchapter is intended to supplement and be levying authority for all Arkansas municipalities in addition to all other statutes authorizing municipal sales and use taxes.
(2)
Collections of a tax levied by this subchapter may be used to secure the payment of bonds or for any purpose for which the municipality's general fund may be used or for a combination thereof.
Acts 1975, No. 990, § 16, as added by Acts 1983, No. 722, § 7; A.S.A. 1947, § 19-4522.3; Acts 2001, No. 1561, § 4.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 3 - SALES TAX FOR CAPITAL IMPROVEMENTS (§§ 26-75-301 — 26-75-321) › Section 26-75-302 - Construction

This subchapter shall be liberally construed to accomplish the purposes of this subchapter.
Acts 1975, No. 990, § 16, as added by Acts 1983, No. 722, § 7; A.S.A. 1947, § 19-4522.3.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 3 - SALES TAX FOR CAPITAL IMPROVEMENTS (§§ 26-75-301 — 26-75-321) › Section 26-75-305 - Voters' approval of bonds

No ordinance shall be passed by the governing body of a city under §
26-75-304
until a majority of the qualified electors of the city voting on the question shall have approved at an election called for that purpose and conducted in accordance with the general municipal election laws the principal amount of the bonds and the purpose for which the bonds will be issued.
Acts 1975, No. 990, § 17, as added by Acts 1983, No. 722, § 8; A.S.A. 1947, § 19-4522.4.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 3 - SALES TAX FOR CAPITAL IMPROVEMENTS (§§ 26-75-301 — 26-75-321) › Section 26-75-306 - Pledge of revenues

Any city levying the tax as permitted in this subchapter is authorized to pledge all or any part of the revenues from the tax levied pursuant to this subchapter to the payment of lease rentals or principal of and interest on bonds issued by such city under the authority of any other law in effect for the purpose of providing all or part of the funds for the construction, reconstruction, extension, equipment, acquisition, or improvement of any capital improvements of a public nature, or on bonds issued to refund such bonds; and such bonds, including the refunding bonds, shall be deemed to have been authorized by this subchapter for purposes of §§
26-75-307
-
26-75-313
.
Acts 1975, No. 990, § 15, as added by Acts 1983, No. 722, § 6; A.S.A. 1947, § 19-4522.2.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 3 - SALES TAX FOR CAPITAL IMPROVEMENTS (§§ 26-75-301 — 26-75-321) › Section 26-75-307 - Levying of tax

(a)
(1)
The governing body of any city may adopt an ordinance levying a local sales or gross receipts and use tax in the amount of one-eighth of one percent (0.125%), one-fourth of one percent (0.25%), one-half of one percent (0.5%), three-fourths of one percent (0.75%), one percent (1%), or any combination of these amounts for the benefit of the city in accordance with the provisions of this subchapter.
(2)
Each local sales or gross receipts and use tax authorized under this subchapter shall be adopted by ordinance or by petition as described in subsection (b) of this section and with the approval of the voters of the municipality in accordance with this subchapter.
(b)
(1)
A legal voter of a city may file a petition with the governing body of that city requesting a special election on the question of levying a local sales or gross receipts and use tax authorized under this subchapter in an amount as provided in subdivision (a)(1) of this section.
(2)
The petition shall be signed by a number of the legal voters in the city that is no less than fifteen percent (15%) of the number of votes cast for the office of mayor at the last preceding general election.
Amended by Act 2021, No. 448,§ 12, eff. 7/28/2021.
Acts 1975, No. 990, § 2; A.S.A. 1947, § 19-4514; Acts 1991, No. 765, § 17; 2001, No. 1561, § 6; 2007, No. 116, § 6.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 3 - SALES TAX FOR CAPITAL IMPROVEMENTS (§§ 26-75-301 — 26-75-321) › Section 26-75-309 - Effective date of ordinance

In order to provide time for the preparations for election set forth in this subchapter and to provide for the accomplishment of the administrative duties of the Secretary of the Department of Finance and Administration, the following effective dates are applicable with reference to any such ordinance levying such tax:
(1)
(A)
The ordinance or petition described in §
26-75-307
levying the tax shall not be effective until after the election has been held.
(B)
Following the election, the mayor of the city shall issue his or her proclamation of the results of the election with reference to the local sales and use tax, and the proclamation shall be published one (1) time in a newspaper having general circulation in the city.
(C)
Any person desiring to challenge the results of the election as published in the proclamation shall file the challenge in the circuit court of the county where the city is located within thirty (30) days of the date of publication of the proclamation.
(D)
(i)
The mayor of the city shall notify the secretary after publication of the proclamation has occurred and ninety (90) days before the effective date of the tax.
(ii)
If an election challenge is not filed within the thirty-day challenge period, the ordinance or petition described in §
26-75-307
shall become effective on the first day of the first month of the calendar quarter after a minimum of sixty (60) days' notice by the secretary to sellers and after the expiration of the full thirty-day period of challenge.
(iii)
The effective date of the ordinance or petition may be delayed under §
26-75-308(d)
.
(E)
The rate change shall become applicable on the first day of a quarter after one hundred twenty (120) days' notice by the secretary to sellers on a purchase from a printed catalog in which the purchaser computed the tax based upon local tax rates published in the catalog; and
(2)
(A)
In the event of an election contest, the tax shall be collected as prescribed in subdivision (1) of this section unless enjoined by a court order.
(B)
A hearing of these matters of litigation shall be advanced on the docket of the court and disposed of at the earliest practicable time.
Amended by Act 2019, No. 910,§ 4440, eff. 7/1/2019.
Amended by Act 2019, No. 910,§ 4439, eff. 7/1/2019.
Amended by Act 2019, No. 910,§ 4438, eff. 7/1/2019.
Acts 1975, No. 990, § 2; A.S.A. 1947, § 19-4514; Acts 1993, No. 266, § 5; 1995, No. 565, § 9; 2003, No. 1273, §§ 60, 61; 2007, No. 116, § 9; 2009, No. 957, § 4[5].
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 3 - SALES TAX FOR CAPITAL IMPROVEMENTS (§§ 26-75-301 — 26-75-321) › Section 26-75-311 - Notification required

(a)
(1)
As soon as is practicable, and no later than ten (10) days following each of the events set forth in the ordinance with reference to the procedure for the adoption or abolition of such tax and the effective dates of such action, the city clerk of the city shall notify the Secretary of the Department of Finance and Administration of such event.
(2)
Accompanying the first of any such notices, the city clerk shall send to the secretary a map of the city clearly showing the boundaries of the city.
(b)
(1)
If any such city in which a local sales and use tax has been imposed in the manner provided for in this subchapter shall thereafter change or alter its boundaries, the city clerk of the city shall forward to the secretary at least ninety (90) days before the effective date a certified copy of the ordinance adding or detaching territory from the city, which shall be accompanied by a map clearly showing the territory added or detached.
(2)
After receipt of the ordinance and the map, the tax imposed under this subchapter shall be effective in the added territory or abolished in the detached territory on the first day of the first month of the calendar quarter following the expiration of thirty (30) days from the date that the annexation or detachment becomes effective or after a minimum of sixty (60) days' notice by the secretary to sellers, whichever expires last.
Amended by Act 2019, No. 910,§ 4442, eff. 7/1/2019.
Acts 1975, No. 990, § 2; A.S.A. 1947, § 19-4514; Acts 1995, No. 565, § 10; 2003, No. 383, § 6; 2003, No. 1273, § 62.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 3 - SALES TAX FOR CAPITAL IMPROVEMENTS (§§ 26-75-301 — 26-75-321) › Section 26-75-312 - Collection of tax

(a)
(1)
In each city in which a local sales and use tax has been imposed in the manner provided by this subchapter, every retailer shall add the tax imposed by the Arkansas Gross Receipts Act of 1941, §
26-52-101
et seq., and the Arkansas Compensating Tax Act of 1949, §
26-53-101
et seq., and the tax imposed by this subchapter to his or her sale price, and when added, the combined tax shall:
(A)
Constitute a part of the price;
(B)
Be a debt of the purchaser to the retailer until paid; and
(C)
Be recoverable at law in the same manner as the purchase price.
(2)
When the sale price in the city shall involve a fraction of a dollar, the two (2) combined taxes shall be added to the sale price.
(3)
A retailer shall be entitled to the same discount with respect to tax remitted under this subchapter as is authorized for the collection and remission of gross receipts taxes to the State of Arkansas in §
26-52-503
.
(b)
(1)
Any fraction of one cent (1¢) of tax that is less than one-half of one cent (1/2¢) shall not be collected.
(2)
Any fraction of one cent (1¢) of tax equal to one-half of one cent (1/2¢) or more shall be collected as a whole one cent (1¢) of tax.
(c)
In the event the General Assembly or the electors of the state shall either increase or decrease the rate of the state gross receipts tax, the combined rate of state tax and the local sales tax shall be the sum of the two (2) rates.
(d)
(1)
Each vendor who is liable for one (1) or more city sales or use taxes shall report a combined city sales tax and a combined city use tax on the vendor's sales and use tax report.
(2)
(A)
The combined city sales tax is equal to the sum of all sales taxes levied by a city under this subchapter or any other provision of the Arkansas Code.
(B)
The combined city use tax is equal to the sum of all use taxes levied by a city under this subchapter or any other provision of the Arkansas Code.
(3)
This subsection applies only to taxes collected by the Secretary of the Department of Finance and Administration.
Amended by Act 2019, No. 910,§ 4443, eff. 7/1/2019.
Acts 1975, No. 990, § 2; 1981, No. 133, § 2; 1981, No. 861, § 2; A.S.A. 1947, § 19-4514; Acts 1993, No. 669, § 5; 1997, No. 1176, § 14; 2003, No. 747, § 6; 2003, No. 1273, § 63; 2009, No. 655, § 117.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 3 - SALES TAX FOR CAPITAL IMPROVEMENTS (§§ 26-75-301 — 26-75-321) › Section 26-75-313 - Disposition of funds

(a)
The Secretary of the Department of Finance and Administration shall maintain a record of the total amount of tax collected pursuant to this subchapter and other subchapters authorizing city sales taxes in each city and shall deposit all such revenues with the Treasurer of State.
(b)
Any moneys collected by the secretary which as indicated by a certified copy of an ordinance of the city previously filed with the secretary and the Treasurer of State, are pledged to secure the payment of lease rentals or bonds authorized by this subchapter shall not be deposited into the State Treasury but shall be deposited by the Treasurer of State into banks designated by the city as cash funds and transmitted to the city subject to the charges payable to the State of Arkansas set forth in §
26-75-217
.
Amended by Act 2019, No. 910,§ 4444, eff. 7/1/2019.
Acts 1975, No. 990, § 6; 1983, No. 722, § 4; A.S.A. 1947, § 19-4518; Acts 1997, No. 1176, § 15.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 3 - SALES TAX FOR CAPITAL IMPROVEMENTS (§§ 26-75-301 — 26-75-321) › Section 26-75-314 - Rules

The Secretary of the Department of Finance and Administration may promulgate reasonable rules not inconsistent with the provisions of this subchapter to implement the enforcement, administration, and collection of the taxes authorized in this subchapter.
Amended by Act 2019, No. 315,§ 3069, eff. 7/24/2019.
Amended by Act 2019, No. 910,§ 4445, eff. 7/1/2019.
Acts 1975, No. 990, § 9; A.S.A. 1947, § 19-4521.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 3 - SALES TAX FOR CAPITAL IMPROVEMENTS (§§ 26-75-301 — 26-75-321) › Section 26-75-315 - Existing taxing powers not limited

No provision of this subchapter shall be so construed to abolish or limit existing powers of taxation of the city.
Acts 1975, No. 990, § 8; A.S.A. 1947, § 19-4520.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 3 - SALES TAX FOR CAPITAL IMPROVEMENTS (§§ 26-75-301 — 26-75-321) › Section 26-75-316 - Excise tax on storage, use, or other consumption

(a)
In every city in which the local sales and use tax has been adopted pursuant to the provisions of this subchapter, there is imposed an excise tax on the storage, use, distribution, or other consumption within the city of tangible personal property and taxable services purchased, leased, or rented from any retailer outside the state after the effective date of the sales and use tax for storage, use, distribution, or other consumption in the city at a rate of one-half of one percent (1/2%) or at the rate of one percent (1%) of the sale price of the property and services, or in the case of leases or rentals of the lease or rental price, the rate of the use tax to correspond to the rate of the sales tax portion of the tax.
(b)
The use tax portion of the local sales and use tax shall be collected according to the terms, procedures, and rules of the Arkansas Compensating Tax Act of 1949, §
26-53-101
et seq., except as otherwise provided.
(c)
The tax imposed under this subchapter and the tax imposed under the Arkansas Gross Receipts Act of 1941, §
26-52-101
et seq., and the Arkansas Compensating Tax Act of 1949, §
26-53-101
et seq., shall be collected together and reported upon such forms and under such administrative rules as may be prescribed by the Secretary of the Department of Finance and Administration not inconsistent with the provisions of this subchapter.
(d)
On and after the effective date of any proposition to abolish such local sales and use tax in any city, the secretary shall comply with the proposition as provided in this subchapter.
Amended by Act 2019, No. 315,§ 3070, eff. 7/24/2019.
Amended by Act 2019, No. 910,§ 4446, eff. 7/1/2019.
Acts 1975, No. 990, § 4; 1983, No. 722, § 3; A.S.A. 1947, § 19-4516; Acts 2003, No. 1273, § 66.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 3 - SALES TAX FOR CAPITAL IMPROVEMENTS (§§ 26-75-301 — 26-75-321) › Section 26-75-317 - Existing city sales taxes

(a)
All city taxes adopted pursuant to this subchapter, §
26-75-501
et seq., or the Advertising and Promotion Commission Act, §
26-75-601
et seq., which are in effect on December 1, 1981, shall remain in full force and effect and are not repealed by the provisions of §
26-75-201
et seq., except as to the administration, collection, enforcement, and operation of the tax as specifically set out in §
26-75-201
et seq.
(b)
It is recognized by the General Assembly that several municipalities such as North Little Rock, Siloam Springs, Mountain Home, Conway, Caddo Valley, and others have enacted a sales and use tax pursuant to this subchapter. It is the intent of the General Assembly to affirm the validity of sales and use taxes adopted and enacted by those municipalities. It is provided further that for city sales and use taxes adopted pursuant to these statutes, the procedures for repeal and enforcement as set out in §
26-75-201
et seq., shall be applicable to any such tax adopted by any city pursuant to them.
Acts 1981 (1st Ex. Sess.), No. 25, § 12; A.S.A. 1947, § 19-4533.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 3 - SALES TAX FOR CAPITAL IMPROVEMENTS (§§ 26-75-301 — 26-75-321) › Section 26-75-318 - Administration of Local Sales and Use Tax Trust Fund

(a)
(1)
There is created a trust fund for the remittance of local sales and use taxes which shall be known as the "Local Sales and Use Tax Trust Fund".
(2)
(A)
There is also created a trust fund which shall be known as the "Identification Pending Trust Fund for Local Sales and Use Taxes".
(B)
(i)
Money reported as local sales and use taxes which was collected in local taxing jurisdictions which are not immediately identifiable and money collected in local jurisdictions which have no tax shall be deposited into the Identification Pending Trust Fund for Local Sales and Use Taxes.
(ii)
When a local tax jurisdiction is identified for money which has been deposited into the Identification Pending Trust Fund for Local Sales and Use Taxes, the money shall be transferred to the Local Sales and Use Tax Trust Fund.
(iii)
When the total amount in the Identification Pending Trust Fund for Local Sales and Use Taxes exceeds fifty thousand dollars ($50,000), the Treasurer of State shall transfer any amount in excess of fifty thousand dollars ($50,000) to general revenues.
(C)
(i)
Money reported as local sales and use taxes which was collected by an out-of-state vendor and which is not identifiable shall be deposited into the Identification Pending Trust Fund for Local Sales and Use Taxes. Any such funds so deposited shall not be included for computation of transfer to general revenue in subdivision (a)(2)(B) of this section.
(ii)
The Treasurer of State shall distribute unidentified local sales and use taxes collected by out-of-state vendors to the county treasurers and city treasurers as determined by their proportionate share of distribution from the Local Sales and Use Tax Trust Fund on a monthly basis.
(b)
(1)
The Treasurer of State as the administrator of the Local Sales and Use Tax Trust Fund shall review the flow of moneys through the Local Sales and Use Tax Trust Fund into the State Treasury for the purpose of estimating the amount of the moneys as may be surplus to the immediate requirements of the Local Sales and Use Tax Trust Fund.
(2)
After making the estimate, the administrator shall invest the estimated surplus amount in certificates of deposit issued by any financial institution located in the State of Arkansas. All interest income derived from the certificates of deposit shall be credited as trust fund income to the Local Sales and Use Tax Trust Fund.
(3)
The Treasurer of State shall monthly transmit to the county treasurers and city treasurers their proportionate share of the interest derived from investment of the Local Sales and Use Tax Trust Fund.
Acts 1981 (1st Ex. Sess.), No. 26, § 18; 1983, No. 513, § 1; 1985, No. 1028, § 1; A.S.A. 1947, §§ 17-2038, 17-2046; Acts 1991, No. 621, § 4.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 3 - SALES TAX FOR CAPITAL IMPROVEMENTS (§§ 26-75-301 — 26-75-321) › Section 26-75-319 - Maximum tax limitation

(a)
(1)
Any municipal general sales or use tax levied pursuant to this subchapter shall be levied and collected only on the first two thousand five hundred dollars ($2,500) of gross receipts, gross proceeds, or sales price on the sale of a:
(A)
Motor vehicle;
(B)
Aircraft;
(C)
Watercraft;
(D)
Modular home;
(E)
Manufactured home; or
(F)
Mobile home.
(2)
A vendor shall be responsible for collecting and remitting the tax only on the first two thousand five hundred dollars ($2,500) of gross receipts, gross proceeds, or sales price on the sale of a:
(A)
Motor vehicle;
(B)
Aircraft;
(C)
Watercraft;
(D)
Modular home;
(E)
Manufactured home; or
(F)
Mobile home.
(b)
(1)
Each vendor who is liable for one (1) or more municipal sales or use taxes shall report a combined city sales tax and a combined city use tax on his or her sales and use tax report.
(2)
The combined city sales tax is equal to the sum of all sales taxes levied by a city under this subchapter or any other provision of the Arkansas Code.
(3)
The combined city use tax is equal to the sum of all use taxes levied by a city under this subchapter or any other provision of the Arkansas Code.
(c)
This section only applies to a tax collected by the Secretary of the Department of Finance and Administration.
Amended by Act 2019, No. 910,§ 4447, eff. 7/1/2019.
Acts 2001, No. 1561, § 1; 2003, No. 1273, § 65.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 3 - SALES TAX FOR CAPITAL IMPROVEMENTS (§§ 26-75-301 — 26-75-321) › Section 26-75-320 - Procedures and penalties for enforcement

(a)
The procedures and penalties used by the Secretary of the Department of Finance and Administration in enforcing any local tax imposed pursuant to this subchapter shall be the same as for the gross receipts tax and compensating tax, as set out in the Arkansas Tax Procedure Act, §
26-18-101
et seq., except as specifically set out in this subchapter.
(b)
(1)
When property is seized by the secretary under the provisions of any law authorizing seizure of property of a taxpayer who is delinquent in payment of the taxes imposed by the Arkansas Gross Receipts Act of 1941, §
26-52-101
et seq., or the Arkansas Compensating Tax Act of 1949, §
26-53-101
et seq., and when the taxpayer is also delinquent in payment of any tax imposed by this subchapter, the secretary shall sell sufficient property to pay the delinquent taxes and penalty due to any city under this subchapter in addition to that required to pay any amount due to the state under the Arkansas Gross Receipts Act of 1941, §
26-52-101
et seq., or the Arkansas Compensating Tax Act of 1949, §
26-53-101
et seq.
(2)
The proceeds from the sale shall first be applied to all sums due to the state, and the remainder, if any, shall be applied to all sums due to the city.
Amended by Act 2019, No. 910,§ 4448, eff. 7/1/2019.
Acts 2001, No. 1561, § 2.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 3 - SALES TAX FOR CAPITAL IMPROVEMENTS (§§ 26-75-301 — 26-75-321) › Section 26-75-321 - Rebate

A city shall provide in its ordinance authorized by this subchapter for a rebate from the city for taxes collected under this subchapter in excess of the tax on the first two thousand five hundred dollars ($2,500) of gross receipts, gross proceeds, or sales price on the sale of a:
(1)
Motor vehicle;
(2)
Aircraft;
(3)
Watercraft;
(4)
Modular home;
(5)
Manufactured home; or
(6)
Mobile home.
Acts 2003, No. 1273, § 64.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 4 - TEMPORARY TAX FOR ACQUISITION, CONSTRUCTION, OR IMPROVEMENT OF PARKS (§§ 26-75-401 — 26-75-411) › Section 26-75-401 - Authority supplemental

The authority granted in this subchapter to cities and towns to levy a gross receipts and compensating tax shall be supplemental and in addition to any other authority of cities and towns to levy gross receipts and compensating taxes.
Acts 1985, No. 488, § 9; A.S.A. 1947, § 19-3655.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 4 - TEMPORARY TAX FOR ACQUISITION, CONSTRUCTION, OR IMPROVEMENT OF PARKS (§§ 26-75-401 — 26-75-411) › Section 26-75-402 - Other provisions applicable

(a)
The provisions of §§
26-74-220
,
26-75-207
-
26-75-212
, and
26-75-222
shall be applicable to any tax levied under this subchapter.
(b)
Section
26-75-213
shall be applicable to the resubmission of the question of the levy or repeal of the local sales and use tax authorized by this subchapter.
Acts 1985, No. 488, §§ 5, 12; A.S.A. 1947, §§ 19-3651, 19-3657.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 4 - TEMPORARY TAX FOR ACQUISITION, CONSTRUCTION, OR IMPROVEMENT OF PARKS (§§ 26-75-401 — 26-75-411) › Section 26-75-403 - Tax authorized

(a)
(1)
The governing body of any city of the first class, city of the second class, or incorporated town in the state by ordinance may levy a temporary local sales and use tax of either one percent (1%) or one-half of one percent (1/2%) for the purpose of providing funds for the acquisition, construction, or improvement of parks and recreation facilities within the city or town.
(2)
Such a tax may be levied for any period not to exceed two (2) years.
(b)
The ordinance levying the tax shall state the period for which the tax shall be levied and collected and shall contain a description of parks and recreation facilities to be acquired, constructed, or improved with the revenues from the tax.
(c)
Any tax levied pursuant to the authority granted in this section shall be effective only after approval of the tax by the qualified electors of such city or town in the manner provided in this subchapter.
Acts 1985, No. 488, § 1; A.S.A. 1947, § 19-3647.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 4 - TEMPORARY TAX FOR ACQUISITION, CONSTRUCTION, OR IMPROVEMENT OF PARKS (§§ 26-75-401 — 26-75-411) › Section 26-75-405 - Items subject to tax

(a)
When any city or town levies a sales and use tax pursuant to the authority granted in this subchapter, the tax shall be levied upon the same sales and the same items and services as are subject to taxation under the Arkansas Gross Receipts Act of 1941, §
26-52-101
et seq., and the Arkansas Compensating Tax Act of 1949, §
26-53-101
et seq.
(b)
The local sales and use tax authorized by this subchapter will apply in the same manner as set out in §
26-75-216
as §
26-75-216
modifies the levy and collection of the tax.
Acts 1985, No. 488, § 3; A.S.A. 1947, § 19-3649; Acts 2003, No. 1273, § 68.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 4 - TEMPORARY TAX FOR ACQUISITION, CONSTRUCTION, OR IMPROVEMENT OF PARKS (§§ 26-75-401 — 26-75-411) › Section 26-75-406 - Manner of collection

(a)
(1)
In each city or town in which a local sales and use tax has been imposed in the manner provided by this subchapter, every retailer shall add the tax imposed by the Arkansas Gross Receipts Act of 1941, §
26-52-101
et seq., the Arkansas Compensating Tax Act of 1949, §
26-53-101
et seq., and this subchapter to the retailer's sale price.
(2)
When added, the combined tax shall:
(A)
Constitute a part of the price;
(B)
Be a debt of the purchaser to the retailer until paid; and
(C)
Be recoverable at law in the same manner as the purchase price.
(b)
(1)
Retailers shall collect and remit the tax levied by any city or town pursuant to this subchapter in the same manner and at the same time as the state gross receipts tax or compensating tax is collected and remitted.
(2)
The tax levied in this section on motor vehicles shall be collected by the Secretary of the Department of Finance and Administration directly from the purchaser in the same manner as the state gross receipts tax.
(c)
(1)
Each vendor who is liable for one (1) or more city sales or use taxes shall report a combined city sales tax and a combined city use tax on the vendor's sales and use tax report.
(2)
The combined city sales tax is equal to the sum of all sales taxes levied by a city under this subchapter or any other provision of the Arkansas Code.
(3)
The combined city use tax is equal to the sum of all use taxes levied by a city under this subchapter or any other provision of the Arkansas Code.
(4)
This provision applies only to taxes collected by the secretary.
Amended by Act 2019, No. 910,§ 4452, eff. 7/1/2019.
Amended by Act 2019, No. 910,§ 4451, eff. 7/1/2019.
Acts 1985, No. 488, § 4; A.S.A. 1947, § 19-3650; Acts 1997, No. 1176, § 16.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 4 - TEMPORARY TAX FOR ACQUISITION, CONSTRUCTION, OR IMPROVEMENT OF PARKS (§§ 26-75-401 — 26-75-411) › Section 26-75-407 - Disposition of taxes

(a)
The Secretary of the Department of Finance and Administration shall deposit all local sales and use taxes collected under this subchapter with the Treasurer of State.
(b)
All deposits and transfers shall be made in the same manner and subject to the same charges and retainage as set forth in §
26-74-214
.
Amended by Act 2019, No. 910,§ 4453, eff. 7/1/2019.
Acts 1985, No. 488, § 7; A.S.A. 1947, § 19-3653.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 4 - TEMPORARY TAX FOR ACQUISITION, CONSTRUCTION, OR IMPROVEMENT OF PARKS (§§ 26-75-401 — 26-75-411) › Section 26-75-408 - Use of funds

(a)
All revenues received by a city or town from taxes levied pursuant to the authority granted in this subchapter shall be deposited into the city or town treasury and credited to a special account and shall be used for the acquisition, construction, or improvement of parks and recreational facilities within the municipality as prescribed in the levying ordinance.
(b)
Any balance remaining in the special account described in subsection (a) of this section after the projects prescribed in the levying ordinance have been completed and paid for shall be used for maintenance and upkeep of municipal parks and recreational facilities.
Acts 1985, No. 488, § 8; A.S.A. 1947, § 19-3654; Acts 2009, No. 655, § 118.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 4 - TEMPORARY TAX FOR ACQUISITION, CONSTRUCTION, OR IMPROVEMENT OF PARKS (§§ 26-75-401 — 26-75-411) › Section 26-75-409 - Administration, etc

(a)
(1)
On and after the effective date of any tax imposed pursuant to the provisions of this subchapter, the Secretary of the Department of Finance and Administration shall perform all functions incidental to the administration, collection, enforcement, and operation of the tax.
(2)
The secretary shall collect taxes levied pursuant to this subchapter at the same time and in the same manner as the secretary collects the state gross receipts tax and the state compensating tax.
(b)
When notified that any tax levied under this subchapter has expired or has been abolished, the secretary shall cease to collect the tax as provided in this subchapter.
Amended by Act 2019, No. 910,§ 4454, eff. 7/1/2019.
Acts 1985, No. 488, § 6; A.S.A. 1947, § 19-3652.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 4 - TEMPORARY TAX FOR ACQUISITION, CONSTRUCTION, OR IMPROVEMENT OF PARKS (§§ 26-75-401 — 26-75-411) › Section 26-75-410 - Rules

The Secretary of the Department of Finance and Administration shall adopt appropriate rules not inconsistent with the provisions of this subchapter to implement the enforcement, administration, and collection of the taxes authorized in this subchapter.
Amended by Act 2019, No. 315,§ 3071, eff. 7/24/2019.
Amended by Act 2019, No. 910,§ 4455, eff. 7/1/2019.
Acts 1985, No. 488, § 10; A.S.A. 1947, § 19-3656.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 4 - TEMPORARY TAX FOR ACQUISITION, CONSTRUCTION, OR IMPROVEMENT OF PARKS (§§ 26-75-401 — 26-75-411) › Section 26-75-411 - Definition

As used in this subchapter, "calendar quarter" means the three-month period beginning on January 1, April 1, July 1, or October 1.
Acts 1995, No. 565, § 20.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 5 - GROSS RECEIPTS TAX GENERALLY (§§ 26-75-501 — 26-75-508) › Section 26-75-501 - Tax additional

The tax authorized by this subchapter shall be in addition to all other fees and taxes which cities of the first class and cities of the second class are now authorized by law to levy, whether levied in the form of excise, license, or privilege taxes.
Acts 1968 (1st Ex. Sess.), No. 4, § 5; A.S.A. 1947, § 19-4512.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 5 - GROSS RECEIPTS TAX GENERALLY (§§ 26-75-501 — 26-75-508) › Section 26-75-502 - Authority to levy

(a)
Any city of the first class or city of the second class having a population of not more than forty thousand (40,000) persons according to the most recent federal census and that has been or may in the future be designated as a model city under the Demonstration Cities and Metropolitan Development Act of 1966,
42 U.S.C. § 3301
et seq., by an ordinance passed by its governing body, may levy a tax for the benefit of the city of not to exceed one percent (1%) on gross proceeds or gross receipts derived from sales, as such sales and gross proceeds or gross receipts are defined in the Arkansas Gross Receipts Act of 1941, §
26-52-101
et seq., and the Arkansas Compensating Tax Act of 1949, §
26-53-101
et seq.
(b)
Rules promulgated by the Secretary of the Department of Finance and Administration for the State of Arkansas in connection with the collection and administration of the state gross receipts tax shall be equally applicable with respect to any tax levied under this subchapter.
(c)
The ordinance authorizing the levy of the tax shall set the rate of the tax within the limits authorized in this subchapter.
(d)
The operation of any ordinance levying the tax shall be subject to approval of the voters as required in §
26-75-503
.
(e)
After initial adoption of the tax as provided in this subchapter, that tax rate may be increased by the city under the same procedure but not to exceed the maximum prescribed in this subchapter.
Amended by Act 2019, No. 315,§ 3072, eff. 7/24/2019.
Amended by Act 2019, No. 910,§ 4456, eff. 7/1/2019.
Acts 1968 (1st Ex. Sess.), No. 4, § 1; A.S.A. 1947, § 19-4508; Acts 2003, No. 1273, § 69.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 5 - GROSS RECEIPTS TAX GENERALLY (§§ 26-75-501 — 26-75-508) › Section 26-75-503 - Election requirements

(a)
An ordinance of a city of the first class or city of the second class as provided in §
26-75-502
shall not become operative until approved in an election in the city levying such a tax.
(b)
An election shall be held in the levying city on the question of whether the ordinance shall become effective on the next special election date under §
7-11-205
and shall be conducted in the manner prescribed by law for holding state, county, or municipal elections, so far as the manner may be applicable.
(c)
A majority vote of those voting in the election shall determine whether the ordinance shall be operative.
(d)
(1)
If the majority vote "FOR" the ordinance, it shall be deemed to be operative on the date that the governing body of the city makes its official canvass of the election returns.
(2)
However, no such tax shall be collected under any such ordinance until the first day of a calendar quarter after a minimum of sixty (60) days' notice by the Secretary of the Department of Finance and Administration to sellers.
(3)
For a purchase made from a printed catalog in which the purchaser computed the tax based upon local tax rates published in the catalog, the tax shall be collected on the first day of the quarter after a minimum of one hundred twenty (120) days' notice by the secretary to sellers.
(e)
Prior to the election the ordinance shall be published one (1) time a week for at least three (3) weeks in at least one (1) newspaper published in the city in which the election is to be held.
(f)
If a city shall hold an election as provided in this section and if the ordinance shall be rejected, no other election on the ordinance shall be held by the city for a period of one (1) year from the date of holding the prior election.
Amended by Act 2021, No. 610,§ 38, eff. 1/1/2022.
Amended by Act 2019, No. 910,§ 4457, eff. 7/1/2019.
Acts 1968 (1st Ex Sess.) No. 4, § 2; A.S.A. 1947, § 19-4509; Acts 2003, No. 1273, § 70.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 5 - GROSS RECEIPTS TAX GENERALLY (§§ 26-75-501 — 26-75-508) › Section 26-75-504 - Certification of tax

When the levy of the tax authorized in this subchapter has been approved in a city of the first class or city of the second class as provided in this subchapter, the governing body of the city shall certify to the Secretary of the Department of Finance and Administration that such tax has become operative and shall furnish to the secretary the rate of the tax, including any limitations thereon, and the date on which it shall become operative.
Amended by Act 2019, No. 910,§ 4458, eff. 7/1/2019.
Acts 1968 (1st Ex. Sess.), No. 4, § 3; A.S.A. 1947, § 19-4510.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 5 - GROSS RECEIPTS TAX GENERALLY (§§ 26-75-501 — 26-75-508) › Section 26-75-505 - Collection of tax

(a)
The Secretary of the Department of Finance and Administration shall collect the tax levied under this subchapter concurrently with and in the same manner as taxes collected under the Arkansas Gross Receipts Act of 1941, §
26-52-101
et seq., and the Arkansas Compensating Tax Act of 1949, §
26-53-101
et seq.
(b)
This additional tax shall be collected by the secretary for the benefit of the city and shall be deposited into the Local Sales and Use Tax Trust Fund for distribution back to the city.
Amended by Act 2019, No. 910,§ 4459, eff. 7/1/2019.
Acts 1968 (1st Ex. Sess.), No. 4, § 3; A.S.A. 1947, § 19-4510; Acts 1989, No. 798, § 1; 1995, No. 211, § 2.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 5 - GROSS RECEIPTS TAX GENERALLY (§§ 26-75-501 — 26-75-508) › Section 26-75-506 - Disposition of revenues

(a)
All revenues collected by the Secretary of the Department of Finance and Administration pursuant to the provisions of this subchapter, less three percent (3%) thereof which shall be deducted as a cost of collection and deposited into the State Treasury to the credit of the Constitutional Officers Fund and the State Central Services Fund, shall be remitted by the secretary to the levying city at the same time the secretary remits sales tax revenues to the State Treasury.
(b)
All funds remitted to the levying city under the provisions of this subchapter shall be deposited into the city general fund of the levying city and used for the purposes prescribed by law.
(c)
(1)
Except for revenue collected under subdivision (c)(2) of this section, money collected from a tax on aviation fuel levied by a city where a regional airport as described by the Regional Airport Act, §
14-362-101
et seq., is located shall not be deposited into the State Treasury but shall be deposited as cash funds by the Treasurer of State into a bank or banks designated by the regional airport located within the levying city or within the county and transmitted to the regional airport, subject to the charges by the state for its services as specified in this section.
(2)
Revenue derived from a tax on aviation fuel in effect on December 30, 1987, is not subject to this subsection.
(d)
Except for revenue collected under subsection (c) of this section, money collected that is derived from a tax on aviation fuel levied by a city that is not dedicated to a specific purpose and may legally be used for any lawful purpose shall not be deposited into the State Treasury but shall be deposited as cash funds by the Treasurer of State into a bank or banks designated by the city and transmitted directly to the publicly owned airport where the aviation fuel was sold, subject to the charges by the state for its services as specified in this section.
Amended by Act 2019, No. 910,§ 4460, eff. 7/1/2019.
Acts 1968 (1st Ex. Sess.), No. 4, § 3; A.S.A. 1947, § 19-4510; Acts 2007, No. 166, § 6; 2009, No. 840, § 8.
Arkansas Code of 1987 (2023) › Title 26 - TAXATION (§§ 26-1-101 — 26-82-119) › Subtitle 6 - LOCAL TAXES (§§ 26-73-101 — 26-82-119) › Chapter 75 - MUNICIPAL SALES AND USE TAXES (§§ 26-75-101 — 26-75-801) › Subchapter 5 - GROSS RECEIPTS TAX GENERALLY (§§ 26-75-501 — 26-75-508) › Section 26-75-507 - Repeal of tax

Any ordinance of a city adopted pursuant to the authority granted in this subchapter may be repealed in the same manner as is provided in this subchapter for its adoption.
Acts 1968 (1st Ex. Sess.), No. 4, § 4; A.S.A. 1947, § 19-4511.