Bill Summary – FastDemocracy

Stricken language would be deleted from and underlined language would be added to present law.
                                           Act 517 of the Regular Session
 1   State of Arkansas
 2   93rd General Assembly                        A Bill
 3   Regular Session, 2021                                                             HOUSE BILL 1699
 4
 5   By: Representative Watson
 6   By: Senator J. Dismang
 7
 8                                     For An Act To Be Entitled
 9                  AN ACT TO AMEND THE ARKANSAS HIGHWAY REVENUE
10                  DISTRIBUTION LAW; TO AMEND THE LAW CONCERNING THE
11                  DISTRIBUTION OF HIGHWAY REVENUE TO COUNTY AND CITY
12                  FUNDS; AND FOR OTHER PURPOSES.
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14
15                                                 Subtitle
16                           TO AMEND THE ARKANSAS HIGHWAY REVENUE
17                           DISTRIBUTION LAW; AND TO AMEND THE LAW
18                           CONCERNING THE DISTRIBUTION OF HIGHWAY
19                           REVENUE TO COUNTY AND CITY FUNDS.
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22   BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:
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24          SECTION 1.        Arkansas Code  27-70-207(f), concerning the distribution
25   of highway revenue to county and city funds, is repealed.
26          (f)    A county or municipality that receives a distribution under this
27   section or under  26-58-124 of two million dollars ($2,000,000) or more
28   shall report annually by March 15 to the House Committee on Public
29   Transportation and the Senate Committee on Public Transportation, Technology,
30   and Legislative Affairs the following information regarding the use of the
31   funds in the previous year:
32                  (1)      The use of the funds;
33                  (2)(A)      A general ledger accounting of the city street or road
34   fund or the county street or road fund.
35                            (B)   The county street or road fund general ledger
36   accounting shall be made using the County Financial Management System of
     *DTP166*                                                                  03/09/2021 3:19:30 PM DTP166
                                                                            HB1699
 1   tracking county revenues and expenditures;
 2              (3)   The percentage of the city street or road fund or county
 3   street or road fund that is comprised of state funds; and
 4              (4)   The details of each contracted project, including without
 5   limitation the type and description of the contracted project and the total
 6   amount expended on the contracted project.
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 9                                 APPROVED: 4/1/21
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Statutes affected: 
HB 1699: 27-70-207(f)
Act 517: 27-70-207(f)