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Current as of March 28, 2024 | Updated by Findlaw Staff
(a) Each year, the first eighty-five thousand dollars ($85,000) of the pari-mutuel tax revenue derived from § 23-111-505(a) shall be remitted directly to Arkansas State University Mid-South and shall be used by the college for facilities, programming, and personnel in the support of a nursing program.
(b) The revenue received by the college under this section shall be considered local taxes for the purposes of § 6-61-601.
Cite this article: FindLaw.com - Arkansas Code Title 23. Public Utilities and Regulated Industries § 23-111-517. Disposition of pari-mutuel tax revenue - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-23-public-utilities-and-regulated-industries/ar-code-sect-23-111-517/
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