§ 19-5-1060 - Major Industry Facilities Incentive Fund. - Arkansas Statutes

19-5-1060. Major Industry Facilities Incentive 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 Major Industry Facilities Incentive Fund.

(b) This fund shall consist of those moneys transferred from the General Revenue Fund Account of the State Apportionment Fund, there to be used for making payments to state agencies or political subdivisions as set out in 15-4-1801 et seq.