§ 19-5-1233 - Arkansas Technology Infrastructure Fund. - Arkansas Statutes

19-5-1233. Arkansas Technology Infrastructure Fund.

(a) There is created 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 "Arkansas Technology Infrastructure Fund".

(b) This fund shall consist of savings that accrue to state agencies from reductions in the cost of providing services to citizens as a result of employing technology, grants, gifts, and donations received by this state, agency investments toward enterprise projects, and such revenues as may be authorized by law.

(c) This fund shall be used to encourage state agencies to pursue innovative and creative approaches using technology to provide needed citizens services in a more cost effective and efficient manner, as set out in 25-33-201 -- 25-33-205 [repealed].