(a) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a special revenue fund to be known as the 'Property Tax Relief Trust Fund'.(b) The fund shall consist of such revenues as generated by §§ 26-52-302(c), 26-52-317(c)(1)(B), 26-52-319(a)(2)(B), 26-53-107(c), 26-53-145(c)(1)(B), 26-53-148(a)(2)(B), and 26-56-224(c)(2) and shall be used for such purposes as set out in § 26-26-310.Amended by Act 2016EX3, No. 1,§ 9, eff. 7/1/2017.Amended by Act 2013, No. 1411,§ 3, eff. 7/1/2014.Acts 2001, No. 1646, § 10; 2007, No. 110, § 7; 2009, No. 1440, § 3; 2009, No. 1441, § 3; 2012, No. 271, § 3; 2012, No. 287, § 3.
Arkansas Legal Code