Arkansas SR6 authorizes additional funding for counties using state tax revenues and creates the Equal Distribution County Turnback Fund.
Arkansas SR6 aims to address financial struggles in counties by authorizing additional funding through state tax revenues and establishing the Equal Distribution County Turnback Fund. The fund will receive the first $150 million of each fiscal year's tax revenues, with the remainder going to the State Apportionment Fund. The fund will distribute $2 million to each county treasurer, with 90% allocated for county infrastructure and 10% for fire departments, law enforcement, or community projects. This resolution declares an emergency due to rising costs and the need for essential services.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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