§ 26-56-601 - Excise tax levied. - Arkansas Statutes

26-56-601. Excise tax levied.

(a) On and after March 6, 1991, in addition to the taxes levied upon motor fuel in 26-55-205 and 26-55-1002 and upon distillate special fuel in 26-56-201 and 26-56-502 and upon liquefied gas special fuels in 26-56-301 and 26-56-502, and in addition to any other taxes levied on such fuel or fuels during the Seventy-Eighth Regular Session of the General Assembly, there is hereby levied an excise tax of five cents (5cent(s)) per gallon upon all motor fuel and liquefied gas special fuels and an excise tax of two cents (2cent(s)) per gallon upon all distillate special fuel subject to the taxes levied in 26-55-205, 26-55-1002, 26-56-201, 26-56-301, and 26-56-502.

(b) Such additional taxes shall be collected, reported, and paid in the same manner and at the same time as is prescribed by law for the collection, reporting, and payment of other motor fuel taxes, distillate special fuel taxes, and liquefied gas special fuels taxes.