Statutes > Arkansas Statutes > Title 26 - Taxation > Subtitle 2 - Administration Of State Taxes > Chapter 18 - State Tax Procedure Generally > Subchapter 3 - Administration Generally > § 26-18-308 - Disposition of revenues.

§ 26-18-308 - Disposition of revenues.

26-18-308. Disposition of revenues.

All taxes, interest, penalties, and court costs received by the director under any state tax law, unless otherwise specified in this chapter, shall be deposited in the manner stated in the applicable state tax law. Where this chapter is the governing authority for the collection of interest, penalties, and court costs, the amounts collected are general revenues and shall be so deposited to the credit of the State Apportionment Fund and allocated as provided by the Revenue Stabilization Law of Arkansas, 19-5-101 et seq.