§ 19-5-1041 - City-County Tourist Facilities Aid Fund. - Arkansas Statutes

19-5-1041. City-County Tourist Facilities Aid Fund.

(a) There is hereby 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 City-County Tourist Facilities Aid Fund.

(b) Such fund shall consist of moneys deducted from the General Revenue Fund Account of the State Apportionment Fund in such amounts necessary to meet the quarterly payments to cities and counties that are parties to an agreement with the state, entered into pursuant to 14-171-204 -- 14-171-210 [Repealed], there to be administered by the State Board of Finance and disbursed by the Treasurer of State as set out in 14-171-201 et seq.