SB374

Senate Bill 374 updates the Arkansas statutes governing the duties and financial record-keeping responsibilities of county treasurers. The bill refines accounting practices, including how receipts, warrants, and checks are documented and reconciled. It mandates that financial records be kept in a manner accessible to the county court and clarifies how bank accounts and commission computations are managed. Additionally, the bill shortens the deadline for issuing certificates of distribution for delinquent personal property and real property tax collections, moving the requirement from the thirtieth to the fifteenth day of each month. These changes aim to streamline the administrative process for distributing tax revenues to various funds, such as school and municipal accounts. The bill also updates requirements regarding the printing and tracking of prenumbered receipts and bank deposit procedures.