Any city or county entering into an agreement pursuant to § 14-171-210 may provide for suspension, in whole or in part, of the collection of any tax voted for payment of its general obligation bonds issued in accordance with an agreement under § 14-171-210 in any year when moneys derived from state assistance under this subchapter or from other sources are available for payment of all, or a portion of, the debt service on the bonds.
Structure Arkansas Code
Subtitle 10 - Economic Development And Tourism Generally
Chapter 171 - Tourist Facilities
Subchapter 2 - City-County Tourist Meeting and Entertainment Facilities
§ 14-171-210. State assistance
§ 14-171-211. City-County Tourist Facilities Aid Fund — Creation
§ 14-171-212. City-County Tourist Facilities Aid Fund — Transfer of funds
§ 14-171-214. City-County Tourist Facilities Aid Fund — Accounting
§ 14-171-215. Payments to localities
§ 14-171-216. Suspension of local tax