Title 19 — Public Finance
34 chapters · 998 sections in this title.
Ark. Code Ann. § 19-24-101 Budget Stabilization Trust Fund — Creation — Purpose
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(a) (1) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the “Budget Stabilization Trust Fund”.(2) The Budget Stabilization Trust Fund shall consist of funds made available and transferr…
Ark. Code Ann. § 19-24-102 Loans from fund
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(a) The Chief Fiscal Officer of the State shall be guided by the following limitations and procedures in making loans from the Budget Stabilization Trust Fund for the respective purposes for which the loans may be made, as established in this subsection:(1) State agencies support…
Ark. Code Ann. § 19-24-103 Work release centers
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(a) The Community Correction Revolving Fund may borrow from the Budget Stabilization Trust Fund for the establishment of new work release centers for the Division of Correction. (b) Loans under subsection (a) of this section shall be repaid by the end of the fiscal year in which …
Ark. Code Ann. § 19-24-104 Loans of anticipated proceeds of Aging and Adult Services Fund Account
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In addition to those purposes for which the Budget Stabilization Trust Fund may be used, the Department of Human Services may borrow from the Budget Stabilization Trust Fund an amount equal to eighty percent (80%) of the anticipated proceeds made available to the Aging and Adult …
Ark. Code Ann. § 19-24-105 Financial aid programs
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(a) To provide timely payments under financial aid appropriations, the Chief Fiscal Officer of the State may provide loans from the Budget Stabilization Trust Fund to make available all funds attributable to the financial aid programs under the then current official revenue estim…