Section 14-86-2204 - Nominal assessments(a)(1) All lands shall be assessed as to value and taxed within the boundaries of the district, and no exclusions or nominal assessments apply except under subsection (b) of this section.(2) Subdivision (a)(1) of this section does not apply to: (A) The Interstate Watershed Cooperation Act, § 14-115-101 et seq.;(B) The Arkansas Irrigation, Drainage, and Watershed Improvement District Act of 1949, § 14-117-101 et seq.;(C) Section 14-118-101 et seq.;(D) Section 14-120-101 et seq.;(E) Section 14-121-101 et seq.;(F) Section 14-122-101 et seq.;(G) Section 14-123-201 et seq.;(H) Section 14-124-101 et seq.; or(I) A district seeking an increase in fees, taxes, or assessments without the issuance of bonds, liens, or other indebtedness.(b) At its option, any state agency or commission may choose to be excluded from any newly formed district.Amended by Act 2019, No. 708,§ 1, eff. 7/24/2019.