Millage tax

Ark. Code Ann. § 6-61-503 — under Postsecondary Institutions Generally.

Ark. Code Ann. § 6-61-503

(a) The tax authorized to be levied under Arkansas Constitution, Amendment 52, shall not exceed ten (10) mills on the taxable real and personal property of the district.

(b) The millage approved by the electors shall be a continuing levy until reduced as provided in this section, §§ 6-61-101 — 6-61-103, §§  6-61-201 — 6-61-209, §  6-61-211 [repealed], §§  6-61-212 — 6-61-216, §§  6-61-301 — 6-61-305, §  6-61-306 [repealed], §  6-61-401, §  6-61-402, §  6-61-501, §  6-61-502, §§  6-61-504 — 6-61-524, §§  6-61-601 — 6-61-603, and §§  6-61-604 — 6-61-612 [repealed].