Arkansas Statutes

§ 19-5-1281 — Merit Teacher Incentive Fund

Arkansas § 19-5-1281

This text of Arkansas § 19-5-1281 (Merit Teacher Incentive Fund) is published on Counsel Stack Legal Research, covering Arkansas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ark. Code Ann. § 19-5-1281 (2026).

Text

(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 within the Public School Fund to be known as the "Merit Teacher Incentive Fund".
(b)The fund shall consist of:
(1)Moneys obtained from private or public grants, gifts, or donations that are designated to be credited to the fund; and (2) Any other funds authorized or provided by law.
(c)The fund shall be used by the Division of Elementary and Secondary Education to create and maintain the Merit Teacher Incentive Fund Program moneys.
(d)Moneys remaining in the fund at the end of each fiscal year shall carry forward and be made available for the purposes stated in this section in the next fiscal year.

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Legislative History

Added by Act 2023, No. 237,§ 63, eff. 7/1/2023.

Nearby Sections

15
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Bluebook (online)
Arkansas § 19-5-1281, Counsel Stack Legal Research, https://law.counselstack.com/statute/ar/19-5-1281.