Arkansas Code Title 26. Taxation § 26-74-601. Definitions

(1) “Calendar quarter” means the three-month period beginning on January 1, April 1, July 1, or October 1;

(2) “District” means any community college district formed pursuant to Arkansas Constitution, Amendment 52, and applicable law and composed of the territory of an eligible county;

(3) “Eligible campus” means the campus of any community college located in an eligible county that has merged into a qualified university;

(4) “Eligible county” means any county the territory of which constitutes a community college district created pursuant to Arkansas Constitution, Amendment 52, and applicable law, which community college is currently or in the future designated or recognized by the General Assembly as having authority to offer selected baccalaureate degrees and is to be or is being merged into a qualified university, and which district has in effect at the time of the merger an ad valorem tax levied pursuant to Arkansas Constitution, Amendment 52, and applicable law, for the support of the community college;

(5) “Local board” means the governing board of the community college located in the district that has entered into an agreement of merger with a qualified university pursuant to which the local board shall become an advisory board for the eligible campus;

(6) “Qualified university” means any public four-year institution of higher education or university system into which a community college included within a district is being or is to be merged; and

(7) “Tax” means the sales and use tax levied under this subchapter.