14016ORDINANCE NO. 14,016
AN ORDINANCE LEVYING A CITY -WIDE SALES
AND USE TAX; PRESCRIBING OTHER MATTERS
RELATING THERETO; AND DECLARING AN
EMERGENCY.
WHEREAS, by Act 133 of 1981 the General Assembly of
the State of Arkansas has amended Act 990 of 1975 to apply
to cities of the first class; and
WHEREAS, the City of Little Rock is a city of the
first class under the laws of the State of Arkansas; and
WHEREAS, Act 990 of 1975 as amended provides that
cities of the first class may levy a city -wide sales and use
tax of up to one percent (1 %) on the receipts from the sale
at retail within such city of all items which are subject to
taxation under the Arkansas Gross Receipts Tax (Act 386 of
1941);
NOW, THEREFORE, BE IT ORDAINED BY THE BOARD OF DIRECTORS
OF THE CITY OF LITTLE ROCK, ARKANSAS:
SECTION 1. That a sales and use tax of not more than
one percent (1 %) on the receipts from the sale at retail of all
items subject to taxation under Act 386 of 1941, is hereby
levied within the City of Little Rock, Arkansas. Provided,
however, that this tax shall not apply to purchases made prior
to July 1, 1981.
SECTION 2. That the said sales and use tax herein
levied shall be placed in the ballot and voted on by the
electorate pursuant to Act 990 of 1975 as amended by Act 133
of 1981 and the election laws of the State of Arkansas.
SECTION 3. That if the electors approve the sales
and use tax adopted herein this Ordinance shall become effective
on the first day of the first calendar month subsequent to
the expiration of the full thirty (30) day period of
challenge.
PASSED: March 17, 1981
ATTEST: APPROVED: 0� A�
City Clerk Mayor
-2-