§ 19-5-1021 - White River Navigation Fund. - Arkansas Statutes

19-5-1021. White River Navigation Fund.

(a) There is established on the State Treasury a fund to be known as the White River Navigation Fund, into which shall be deposited and allocated such moneys as may be provided therefor by the General Assembly.

(b) These moneys shall be used by the Arkansas Waterways Commission in making available the state funds that may be required by the Congress of the United States in connection with the White River Navigation Project, in the event the Congress of the United States shall authorize the project, and shall provide funds to the United States Army Corps of Engineers for it, conditioned upon the State of Arkansas providing financial assistance in connection with defraying a portion of the cost of the project.