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§ 26-58-122. Procedures followed upon failure to pay severance taxes due the Arkansas Forestry Commission

AR Code § 26-58-122 (2018) (N/A)
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(a)

(1) In the event that the Arkansas Forestry Commission determines that any individual or corporation has failed to pay all severance taxes due to the commission, the commission shall certify the commission's findings to the Revenue Division of the Department of Finance and Administration.

(2) Upon receipt thereof, the Director of the Department of Finance and Administration shall immediately conduct an investigation of such matter.

(3) Within thirty (30) days of receipt of the certification, the director shall report all findings to the commission.

(b) If the director determines that all severance taxes due the commission are not being or have not been paid, the director shall immediately proceed to institute any legal action necessary to collect such tax.

(c)

(1) In the event the director fails to report to the commission within the time specified or the commission disagrees with the findings of the director, the State Forester shall file with the Governor, the Legislative Council, and the House Interim Committee on Revenue and Taxation and the Senate Interim Committee on Revenue and Taxation a report of the matter.

(2) The Governor shall then conduct an investigation into such failure to report by the director or disagreement as to tax liability with the commission, take whatever measures the Governor deems necessary to rectify the situation, and shall notify the Legislative Council and the House Interim Committee on Revenue and Taxation and the Senate Interim Committee on Revenue and Taxation of the Governor's decision.

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§ 26-58-122. Procedures followed upon failure to pay severance taxes due the Arkansas Forestry Commission