Arkansas § 26-57-1005 Disposition of revenues

Arkansas Statutes

§ 26-57-1005 — Disposition of revenues

Arkansas § 26-57-1005

Title26

This text of Arkansas § 26-57-1005 (Disposition of revenues) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ark. Code Ann. § 26-57-1005 (2026).

Text

(a)The revenues derived from § 26-57-1002(d)(1) shall be general revenues and shall be deposited into the State Treasury in the same manner as the Arkansas gross receipts tax under the Arkansas Gross Receipts Act of 1941, § 26-52-101 et seq.

(b)All revenues derived from § 26-57-1002(d)(2) shall be deposited by the Treasurer of State into the Identification Pending Trust Fund for Local Sales and Use Taxes under §§ 26-74-221 , 26-75-223 , and 26-82-113 , and all revenues deposited into that fund shall be distributed to the cities and counties of this state under §§ 26-74-221(a)(2)(C)(ii) , 26-75-223(a)(2)(C)(ii) , and 26-82-113(a)(2)(A)(ii) .

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(a) The revenues derived from § 26-57-1002(d)(1) shall be general revenues and shall be deposited into the State Treasury in the same manner as the Arkansas gross receipts tax under the Arkansas Gross Receipts Act of 1941, § 26-52-101 et seq. (b) All revenues derived from § 26-57-1002(d)(2) shall be deposited by the Treasurer of State into the Identification Pending Trust Fund for Local Sales and Use Taxes under §§ 26-74-221 , 26-75-223 , and 26-82-113 , and all revenues deposited into that fund shall be distributed to the cities and counties of this state under §§ 26-74-221(a)(2)(C)(ii) , 26-75-223(a)(2)(C)(ii) , and 26-82-113(a)(2)(A)(ii) .