Skills Development Fund

Ark. Code Ann. § 19-27-322 — under Miscellaneous Funds.

Ark. Code Ann. § 19-27-322

(a) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a miscellaneous fund to be known as the “Skills Development Fund”.

(b) The fund shall consist of:(1) General revenues authorized by law;(2) Moneys obtained from private grants or other sources that are designated to be credited to the fund; and(3) Any other revenues authorized by law.

(1) General revenues authorized by law;

(2) Moneys obtained from private grants or other sources that are designated to be credited to the fund; and

(3) Any other revenues authorized by law.

(c) The fund shall be used by the Office of Skills Development as provided in § 25-30-109.