Arkansas Statutes

§ 6-20-417 — Student awards - Definition

Arkansas·Title 6
(a)(1) As used in this section, "net athletic event gate receipts" means the amount remaining from fees, including charges for reserved seating, collected for admission to a school district athletic event less any expenses, including any rental fee or any leasing cost for a facility used for the athletic event, paid by the school district from those gate receipts.
(2)"Net athletic event gate receipts" does not mean any portion of admission fees charged by a school district for an athletic event held at the school district or at a facility leased or rented by the school district that is remitted or passed through to another entity outside the school district.
(b)(1) If approved by the board of directors of a school district, a school district may use net athletic event gate receipts to p

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Legislative History

Acts 2007, No. 1043, § 1.

Nearby Sections

15
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