The resolution, which died in committee, sought permission to introduce a bill directing certain state tax receipts to counties when the county fund reaches a set balance.
The proposed bill would direct the first $150 million in yearly receipts from certain state taxes to a county fund. When the fund balance equals $150 million, each county would receive $2 million.
Counties would use most of the money for local infrastructure or equipment, and the rest for a fire service, law enforcement, or a community project that benefits the county.
The proposed bill would direct the first $150 million in certain yearly tax receipts to a county fund and distribute $2 million to each county when the fund balance equals $150 million. The proposed distribution covers every county in Arkansas. The fund could also receive other money authorized or provided by law. Distributions would be made each fiscal year when the fund balance equals $150 million. The proposed bill would take effect July 1, 2026, if enacted.
Each county would use 90% of its distribution for local infrastructure or equipment and 10% for local public safety or community projects. These rules would apply to each county receiving a distribution under the proposed bill. The 90% share could pay for infrastructure such as roads, water, or sewer systems, or county equipment. The 10% share could support a fire service, a law enforcement agency, or a community project that benefits the county. The proposed spending rules would apply each fiscal year to money distributed that year.
No hearings or votes scheduled.