{"data":{"id":"us-ar/ark.-code-ann.-19-5-1126","jurisdiction":"us-ar","citation":"Ark. Code Ann. § 19-5-1126","heading":"Arkansas Public Transit Trust Fund","body":"(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. Amended by Act 2017, No. 707,§ 52, eff. 8/1/2017. Acts 2003 (1st Ex. Sess.), No. 55, § 18; 2007, No. 182, § 16; 2007, No. 1032, § 29; 2007, No. 1201, § 29.\n\n(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\".\n\n(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 .\n\n(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.\n\n(1) The purpose of acquiring federal matching funds for the purchase of public transportation vehicles;\n\n(2) Public transit equipment or facilities; and\n\n(3) The operation of the United States Department of Transportation Federal Transit Administration assistance programs.","path":["AR Code","Title 19","Chapter 5","Subchapter 11"],"source_url":"https://oss-data-us.vaquill.ai/v2026.08/us_ar_statutes.parquet","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:41Z","sha256":"de71ed52a4dfd9f5ebf8f34045fd2f6929fb5a8215b49ea5df321da319d2f163","source_id":"us-ar","stale":false,"prev":"us-ar/ark.-code-ann.-19-5-1125","next":"us-ar/ark.-code-ann.-19-5-1127"},"notice":"GroundRules: Original legal text. Not legal advice."}