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Form a Business

Arkansas Public Transit Trust Fund.

Ark. Code Ann. § 19-5-1126
in effect
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(a) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the “Arkansas Public Transit Trust Fund”. (b) The fund shall consist of seventy-five percent (75%) of the net revenues derived from the additional rental vehicle tax imposed by § 26-63-302. (c) The fund shall be used by the Arkansas Department of Transportation for: (1) The purpose of acquiring federal matching funds for the purchase of public transportation vehicles; (2) Public transit equipment or facilities; and (3) The operation of the United States Department of Transportation Federal Transit Administration assistance programs.
Source: Public.Resource.Org / UniCourt, Official Code of Arkansas Annotated, Release 78 (2020) (unicourt.github.io/cic-code-ar)URL: https://unicourt.github.io/cic-code-ar/transforms/ar/ocar/r78/gov.ar.code.title.19.htmlFetched: 11/8/2026

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