Arkansas § 6-61-503 Millage tax

Arkansas Statutes

§ 6-61-503 — Millage tax

(a)The tax authorized to be levied under Arkansas Constitution, Amendment 52, shall not exceed ten (10) mills on the taxable real and personal property of the district.

(b)The millage approved by the electors shall be a continuing levy until reduced as provided in this section, §§ 6-61-101 - 6-61-103 , §§ 6-61-201 - 6-61-209 , § 6-61-211 [repealed], §§ 6-61-212 - 6-61-216 , §§ 6-61-301 - 6-61-305 , § 6-61-306 [repealed], § 6-61-401 , § 6-61-402 , § 6-61-501 , § 6-61-502 , §§ 6-61-504 - 6-61-524 , §§ 6-61-601 - 6-61-603 , and §§ 6-61-604 - 6-61-612 [repealed].

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(a) The tax authorized to be levied under Arkansas Constitution, Amendment 52, shall not exceed ten (10) mills on the taxable real and personal property of the district. (b) The millage approved by the electors shall be a continuing levy until reduced as provided in this section, §§ 6-61-101 - 6-61-103 , §§ 6-61-201 - 6-61-209 , § 6-61-211 [repealed], §§ 6-61-212 - 6-61-216 , §§ 6-61-301 - 6-61-305 , § 6-61-306 [repealed], § 6-61-401 , § 6-61-402 , § 6-61-501 , § 6-61-502 , §§ 6-61-504 - 6-61-524 , §§ 6-61-601 - 6-61-603 , and §§ 6-61-604 - 6-61-612 [repealed].

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