§ 19-5-991 - Interstate Motor Fuel Tax Refund Fund. - Arkansas Statutes

19-5-991. Interstate Motor Fuel Tax Refund Fund.

(a) There is hereby established 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 Interstate Motor Fuel Tax Refund Fund.

(b) This fund shall consist of the amount, estimated quarterly, which is transferred monthly from gross motor fuel taxes and gross special motor fuel tax collections, there to be used to pay refunds to interstate users of motor fuels and special motor fuels as set out in 26-55-714 and 26-56-215.