Arkansas § 3-5-224 Disposition of funds

Arkansas Statutes

§ 3-5-224 — Disposition of funds

All permits or license fees or taxes, penalties, fines, proceeds of all forfeitures, special inspection fees, and costs received by the Secretary of the Department of Finance and Administration under the provisions of this subchapter shall be general revenues and shall be deposited in the State Treasury to the credit of the State Apportionment Fund. The Treasurer of State shall allocate and transfer those revenues to the various State Treasury funds participating in general revenues in the respective proportions to each as provided by and to be used for the respective purposes set forth in the Revenue Stabilization Law, § 19-5-101 et seq.

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All permits or license fees or taxes, penalties, fines, proceeds of all forfeitures, special inspection fees, and costs received by the Secretary of the Department of Finance and Administration under the provisions of this subchapter shall be general revenues and shall be deposited in the State Treasury to the credit of the State Apportionment Fund. The Treasurer of State shall allocate and transfer those revenues to the various State Treasury funds participating in general revenues in the respective proportions to each as provided by and to be used for the respective purposes set forth in the Revenue Stabilization Law, § 19-5-101 et seq.

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Legislative History

Amended by Act 2019, No. 910,§ 3311, eff. 7/1/2019. Acts 1933 (1st Ex. Sess.), No. 7, § 6, as added by 1953, No. 118, § 32(F); 1933 (1st Ex. Sess.), No. 7, § 16; Pope's Dig., §§ 14198, 14208; Acts 1957, No. 375, § 1, as added by 1953, No. 118, § 36(F), as added by 1971, No. 585, § 12; A.S.A. 1947, §§ 48-504, 48-505, 48-522.