Arkansas HR1007 would authorize additional funding for counties using certain state tax revenues and create the Equal Distribution County Turnback.

Arkansas HR1007 would authorize the introduction of a nonappropriation bill to provide additional funding for counties using certain state tax revenues. The bill creates the Equal Distribution County Turnback Fund, which would receive the first $150 million in each fiscal year from taxes, interest, penalties, and costs. The fund would then distribute $2,000,000 to each county treasurer. Counties would use 90% of these funds for infrastructure projects and 10% for fire departments, law enforcement agencies, or community projects.

Arkansas HR1007 would authorize additional funding for counties using certain state tax revenues and create the Equal Distribution County Turnback.

Arkansas HR1007 would authorize the introduction of a nonappropriation bill to provide additional funding for counties using certain state tax revenues. The bill creates the Equal Distribution County Turnback Fund, which would receive the first $150 million in each fiscal year from taxes, interest, penalties, and costs. The fund would then distribute $2,000,000 to each county treasurer. Counties would use 90% of these funds for infrastructure projects and 10% for fire departments, law enforcement agencies, or community projects.