§ 27-70-208 - Disposition of gross receipts taxes on gasohol.
27-70-208. Disposition of gross receipts taxes on gasohol.
The gross receipts taxes levied and collected on gasohol, which was exempted from the motor fuel tax by Acts 1979, No. 433, 1E (repealed), and from the special motor fuel tax by Acts 1965 (1st Ex. Sess.), No. 40, Ch. 2, 2 (repealed), shall be used by the Arkansas State Highway and Transportation Department to defray, in whole or in part, the cost of constructing, widening, reconstructing, maintaining, resurfacing, or repairing the public highways, and retiring highway indebtedness of this state. These taxes shall be remitted to the Arkansas State Highway and Transportation Department in accordance with this subchapter.