(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 “Strengthen Arkansas Homes Program Fund”.
(b) The fund shall consist of:(1) Donations;(2) Grants;(3) Gifts;(4) Moneys obtained from private sources;(5) Appropriations from municipal and county governments, the state, and the United States Government;(6) Other revenues in support of the Strengthen Arkansas Homes Program established under the Strengthen Arkansas Homes Program Act, § 23-88-601 et seq.; and(7) Any other funds authorized or provided by law.
(1) Donations;
(2) Grants;
(3) Gifts;
(4) Moneys obtained from private sources;
(5) Appropriations from municipal and county governments, the state, and the United States Government;
(6) Other revenues in support of the Strengthen Arkansas Homes Program established under the Strengthen Arkansas Homes Program Act, § 23-88-601 et seq.; and
(7) Any other funds authorized or provided by law.
(c) (1) The fund shall be administered by and disbursed at the direction of the Insurance Commissioner.(2) Moneys shall not be appropriated from the fund for any purpose except for the program.
(1) The fund shall be administered by and disbursed at the direction of the Insurance Commissioner.
(2) Moneys shall not be appropriated from the fund for any purpose except for the program.
(d) Moneys deposited into the fund shall not be subject to a deduction, tax, levy, or other type of assessment.
(e) An entity providing funds to the program shall be permitted to establish additional rules and guidelines under which those funds may be used if the rules and guidelines do not violate any state or federal law or State Insurance Department rules.