For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Property Tax Relief Trust Fund. [Effective July 1, 2017.]

Ark. Code Ann. § 19-5-1103
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
(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 special revenue fund to be known as the “Property Tax Relief Trust Fund”. (b) The fund shall consist of such revenues as generated by §§ 26-52-302(c), 26-52-319(a)(2)(B), 26-53-107(c), 26-53-148(a)(2)(B), and 26-56-224(c)(2) and shall be used for such purposes as set out in § 26-26-310. (c) The fund shall be used for: (1) Property tax relief; and (2) Any other purpose authorized by the General Assembly, subject to the requirements stated in § 26-26-310.
Source: Arkansas General Assembly, Acts of 2021-2026 (arkleg.state.ar.us)URL: https://arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2025R%2FPublic%2F&file=1008.pdf&ddBienniumSession=2025%2F2025RFetched: 11/8/2026

Starting a business in Arkansas? Arkansas LLC guide: costs and requirements