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Arkansas Code Title 26. Taxation § 26-57-1103. Deposit of general revenues

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

Notwithstanding Acts 2001 (1st Ex. Sess.), No. 2, § 11, beginning July 1, 2005, twenty-nine percent (29%) of all moneys collected from the additional tax levied in §§ 26-57-1101 and 26-57-1102 shall be deposited into the State Treasury as special revenue and distributed as follows:

(1) Twenty-five percent (25%) shall be credited to the University of Arkansas Medical Center Fund;

(2) Eight and one-third percent (8 1/3%) shall be credited to the Breast Cancer Control Fund;

(3) Eight and one-third percent (8 1/3%) shall be credited to the Breast Cancer Research Fund;

(4) Eight and one-third percent (8 1/3%) shall be credited to the Miscellaneous Agencies Fund Account for the Arkansas Prostate Cancer Foundation; and

(5) Fifty percent (50%) shall be credited to the Aging and Adult Services Fund Account of the Department of Human Services Fund to be used to assist the Meals on Wheels Program.

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Cite this article: FindLaw.com - Arkansas Code Title 26. Taxation § 26-57-1103. Deposit of general revenues - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-26-taxation/ar-code-sect-26-57-1103/

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