§ 15-22-1012 — Use of funds

Arkansas § 15-22-1012

• Jurisdiction: Arkansas
• Title: 15

Text

The Arkansas Natural Resources Commission may use the moneys in the Arkansas Water Development Fund for the following purposes: (1) For the voluntary acquisition of land suitable for use in mitigation banks; (2) To pay for costs incurred for alterations needed to create, restore, or enhance aquatic resources areas for purposes of carrying out the provisions of this subchapter; (3) For payment of administrative, research, or scientific monitoring expenses of the commission in carrying out the provisions of this subchapter; (4) To repay financial assistance received from state financial assistance programs, including interest and applicable fees, used for the purposes of carrying out the intent of this subchapter; and (5) Any other purpose related to wetland, stream, deep water aquatic habitat, or aquatic resources creation or restoration.

Legislative History

Amended by Act 2019, No. 910,§ 83, eff. 7/1/2019. Acts 1995, No. 562, § 12; 2007, No. 476, § 10.