ArkansasArkansas provides money for city and county tax refunds
For the fiscal year ending June 30, 2027, Arkansas provides $2.12 billion for city and county tax refunds from a state trust fund.
What it does
The Treasurer’s office has $1.13 billion for city refunds and $990 million for county refunds, paid from the Local Sales and Use Tax Trust Fund.
Argument forThe appropriations may help cities and counties receive refunds of their shares of local sales and use taxes.
Argument againstSetting aside these large sums for tax refunds could leave less money in the trust fund for other uses.
More detail
The law provides money for the Treasurer of State to refund cities’ and counties’ shares of local sales and use taxes. The amounts cover each city’s and county’s share of local sales and use taxes assessed under state law. The money must be disbursed under state fiscal control laws and for the purposes described in the law. The appropriations cover the fiscal year ending June 30, 2027. The law took effect July 1, 2026.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Apr 27Notification that HB1033 is now Act 98Became Law
- Apr 23Correctly enrolled and ordered transmitted to the Governor's Office.To Governor
- Apr 23TO BE ENROLLED
- Apr 23Returned from the Senate as passed.
- Apr 23Returned to the House as Passed.
- Apr 23EMERGENCY CLAUSE ADOPTED
- Apr 23Read the third time and passed.Passed Senate
- Apr 22Read the first time, rules suspended, read the second time and placed on the calendar.Minor
- Apr 22Received from the House.
- Apr 22EMERGENCY CLAUSE ADOPTED
- Apr 22Read the third time and passed and ordered transmitted to the Senate.Passed House
- Apr 22Considered in the Committee of the Whole, and recommended do pass.
- Apr 22RULES SUSPENDED
- Apr 21Returned by the Committee Do PassMinor
- Apr 15REPORTED CORRECTLY ENGROSSED
- Apr 15Amendment No. 1 read and adopted and the bill ordered engrossed.Major
- Apr 15Placed on second reading for the purpose of amendment.
- Apr 8Read the first time, rules suspended, read the second time and referred to the Committee on JOINT BUDGET COMMITTEEMinor
- Apr 1FiledIntroduced
Taxes & Budget