An act TO MAKE AN APPROPRIATION FOR THE REFUND OF 10 LOCAL SALES AND USE TAXES BY THE OFFICE OF THE 11 TREASURER OF STATE FOR THE FISCAL YEAR ENDING JUNE 12 30, 2026, the official text

Stricken language would be deleted from and underlined language would be added to present law.

1 State of Arkansas             A Bill
2 95th General Assembly

3 Regular Session, 2025                                             HOUSE BILL 1108

4

5 By: Joint Budget Committee

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7

8                               For An Act To Be Entitled

9              AN ACT TO MAKE AN APPROPRIATION FOR THE REFUND OF

10             LOCAL SALES AND USE TAXES BY THE OFFICE OF THE

11             TREASURER OF STATE FOR THE FISCAL YEAR ENDING JUNE

12             30, 2026; AND FOR OTHER PURPOSES.

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14

15                              Subtitle

16                       AN ACT FOR THE OFFICE OF THE TREASURER OF

17                       STATE - REFUND OF LOCAL TAXES

18                       APPROPRIATION FOR THE 2025-2026 FISCAL

19                       YEAR.

20

21

22 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:

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24       SECTION 1. APPROPRIATION - CITY SHARE. There is hereby appropriated,

25 to the Office of the Treasurer of State, to be payable from the Local Sales

26 and Use Tax Trust Fund, for refunding each city's share of local sales and

27 use taxes assessed by authority of Arkansas Code 26-75-307 by the Office of

28 the Treasurer of State for the fiscal year ending June 30, 2026, the

29 following:

30

31 ITEM                                                             FISCAL YEAR

32 NO.                                                              2025-2026

33 (01) REFUNDS - CITY SHARE                                        $1,100,000,000

34

35       SECTION 2. APPROPRIATION - COUNTY SHARE. There is hereby appropriated,

36 to the Office of the Treasurer of State, to be payable from the Local Sales

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                                                                            HB1108

1 and Use Tax Trust Fund, for refunding each county's share of local sales and

2 use taxes as assessed by authority of Arkansas Code 26-74-307 by the Office

3 of the Treasurer of State for the fiscal year ending June 30, 2026, the

4 following:

5

6 ITEM                                                    FISCAL YEAR

7 NO.                                                     2025-2026

8 (01) REFUNDS - COUNTY SHARE                             $990,000,000

9

10      SECTION 3. COMPLIANCE WITH OTHER LAWS. Disbursement of funds

11 authorized by this act shall be limited to the appropriation for such agency

12 and funds made available by law for the support of such appropriations; and

13 the restrictions of the State Procurement Law, the General Accounting and

14 Budgetary Procedures Law, the Revenue Stabilization Law, the Regular Salary

15 Procedures and Restrictions Act, or their successors, and other fiscal

16 control laws of this State, where applicable, and regulations promulgated by

17 the Department of Finance and Administration, as authorized by law, shall be

18 strictly complied with in disbursement of said funds.

19

20      SECTION 4. LEGISLATIVE INTENT. It is the intent of the General

21 Assembly that any funds disbursed under the authority of the appropriations

22 contained in this act shall be in compliance with the stated reasons for

23 which this act was adopted, as evidenced by the Agency Requests, Executive

24 Recommendations and Legislative Recommendations contained in the budget

25 manuals prepared by the Department of Finance and Administration, letters, or

26 summarized oral testimony in the official minutes of the Arkansas Legislative

27 Council or Joint Budget Committee which relate to its passage and adoption.

28

29      SECTION 5. EMERGENCY CLAUSE. It is found and determined by the General

30 Assembly, that the Constitution of the State of Arkansas prohibits the

31 appropriation of funds for more than a one (1) year period; that the

32 effectiveness of this Act on July 1, 2025 is essential to the operation of

33 the agency for which the appropriations in this Act are provided, and that in

34 the event of an extension of the legislative session, the delay in the

35 effective date of this Act beyond July 1, 2025 could work irreparable harm

36 upon the proper administration and provision of essential governmental

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   HB1108

 1 programs. Therefore, an emergency is hereby declared to exist and this Act
 2 being necessary for the immediate preservation of the public peace, health
 3 and safety shall be in full force and effect from and after July 1, 2025.
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