§ 19-5-1009 — Miscellaneous Revolving Fund

(a) There is created and established 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 "Miscellaneous Revolving Fund". (b) The Miscellaneous Revolving Fund shall consist of such general revenues as may be provided by the Revenue Stabilization Law, § 19-5-101 et seq., and moneys transferred from the Budget Stabilization Trust Fund in such amounts as may be required to provide funding for authorized expenditures as appropriated by the General Assembly for: (1) The Governor's Emergency Fund; (2) Noncontroversial claims; (3) Small controversial claims; (4) Claims awarded to surviving spouses or dependent children of deceased police officers, firefighters, and Arkansas Department of Transportation employees killed in performing their official duties; (5) Workers' compensation claims for municipal and county employees; (6) Claims for payment of college scholarships to surviving children of law enforcement officers and firefighters killed in the official line of duty; (7) Miscellaneous tax refunds; and (8) Livestock and poultry indemnities, not to exceed those amounts appropriated by the General Assembly for the then-current biennial period. (c) (1) Excepting disbursement for livestock and poultry indemnities, claims awarded to surviving spouses or dependent children of deceased police officers, firefighters, and highway employees, college scholarships to surviving children of law enforcement officers and firefighters killed in the official line of duty, and workers' compensation claims for municipal and county employees, the various funds shall reimburse the Miscellaneous Revolving Fund for expenditures made for which the Miscellaneous Revolving Fund is the beneficiary, upon request by the Chief Fiscal Officer of the State. (2) This reimbursement shall be done after determining that it will not jeopardize the then-current fiscal year's operation of the affected state agency or State Treasury fund from which the agency is being supported. (3) The reimbursements shall be made to reimburse the Budget Stabilization Trust Fund.

Legislative History

Amended by Act 2017, No. 707,§ 51, eff. 8/1/2017. Amended by Act 2017, No. 707,§ 50, eff. 8/1/2017. Acts 1973, No. 750, § 7; 1977, No. 825, § 1; 1979, No. 1013, § 4; 1980 (1st Ex. Sess.), No. 39, § 2; A.S.A. 1947, § 13-523; Acts 1993, No. 656, § 2; 2001, No. 1674, § 44; 2009, No. 1330, § 31.