§ 19-5-404 - Maximum allocations of revenues for fiscal year 2008 - 2009 and thereafter. [Repealed effective July 1, 2010.] - Arkansas Statutes

19-5-404. Maximum allocations of revenues for fiscal year 2008 - 2009 and thereafter. [Repealed effective July 1, 2010.]

(a) The Treasurer of State shall first make monthly allocations in the proportions set out in this subsection to the funds and fund accounts listed below until there has been transferred a total of four billion one hundred seventy million three hundred one thousand two hundred eighty-seven dollars ($4,170,301,287) or so much thereof as may become available; provided, that the Treasurer of State shall make such monthly allocations in accordance with each fund or fund account's proportionate part of the total of all such allocations set forth in this subsection: Click here to view image.

(a-1) After making the maximum annual allocations provided for in subsection (a) of this section, the Treasurer of State shall then make allocations from the remaining general revenues available for distribution, as set forth in this subsection, to the funds and fund accounts listed below until there has been transferred a total of one hundred eight million eight hundred twenty-three thousand three hundred ninety-eight dollars ($108,823,398) or so much thereof that may become available; provided, that the Treasurer of State shall make such monthly allocations in accordance with each fund or fund account's proportionate part of the total of all such allocations set forth in this subsection: Click here to view image.

(b) After making the maximum annual allocations provided for in subsection (a-1) of this section, the Treasurer of State shall then make allocations from the remaining general revenues available for distribution, as set forth in this subsection, to the funds and fund accounts listed below until there has been transferred a total of two hundred forty-four million five hundred forty-eight thousand four hundred eighteen dollars ($244,548,418) or so much thereof that may become available; provided, that the Treasurer of State shall make such monthly allocations in accordance with each fund or fund account's proportionate part of the total of all such allocations set forth in this subsection: Click here to view image.