§ 26-21. Storage, use or consumption tax levied.

There is hereby levied a county-wide (excise) use tax upon the storage, use or consumption within the county of tangible personal property purchased, leased or rented from any retailer outside the state on or after October 1, 1994, for storage, use or other consumption in the county, at the rate of one percent of the sale price of the property or, in the case of leases or rentals, of said lease or rental price, as provided by A.C.A. §§ 26-74-201 through 26-74-223.

(Ord. No. 94-O-2, § 1, 1-7-1994; Ord. No. 94-O-12, § 1, 2-25-1994; Ord. No. 94-O-30, § 1, 7-7-1994; Ord. No. 94-O-34, art. 2, 9-1-1994)

State law reference

Sales and use tax, A.C.A. § 26-74-201 et seq.

Editor's note

The levy of a one percent sales and use tax in the county as authorized by A.C.A. §§ 26-74-201 through 26-74-223, was approved on August 8, 1994, by special election by the qualified electors of the county.