Opinion No.

The Honorable Michael Lamoureux State Representative P.O. Box 1064 Russellville, AR 72811-1064

Dear Representative Lamoureux:

You have presented the following questions for my opinion:(1) Do the assessment fees, application fees, and other department fees assessed by the State Banking Department on banks in the state under the authority of A.C.A. § 23-46-509 prevent or prohibit a city of the first class from assessing a municipal occupational tax or business license under the authority A.C.A. § 26-77-102 on banks conducting business within the city limits of that city?(2) Is there any provision…