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Arkansas Constitution of 1874 Amendment 101, § 3. Disposition of revenue

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) The revenue from the taxes levied under § 2 of this amendment shall be distributed to the State Highway and Transportation Department Fund, the County Aid Fund, and the Municipal Aid Fund in the percentages provided in sections § 27-70-201 and § 27-70-206 of the Arkansas Highway Revenue Distribution Law.

(b) No revenue derived from the taxes levied under § 2 of this amendment shall be used to secure bonds issued by the State Highway Commission.

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Cite this article: FindLaw.com - Arkansas Constitution of 1874 Amendment 101, § 3. Disposition of revenue - last updated March 28, 2024 | https://codes.findlaw.com/ar/arkansas-constitution-of-1874/ar-const-amend-101-sect-3/

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