Stricken language will be deleted and underlined language will be added.

1 State of Arkansas As Engrossed: H2/22/10

2 87th General Assembly A Bill
3 Fiscal Session, 2010 HOUSE BILL 1159
4
5 By: Representative Maloch
6
7
8 For An Act To Be Entitled
9 AN ACT TO AMEND THE ARKANSAS REVENUE
10 STABILIZATION LAW; AND FOR OTHER PURPOSES.
11
12 Subtitle
13 AN ACT TO AMEND THE ARKANSAS REVENUE
14 STABILIZATION LAW OF ARKANSAS.
15
16
17 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF ARKANSAS:
18
19 SECTION 1. Arkansas Code 19-5-205(e)(1)(B)(i) concerning special
20 revenues for the State Central Services Fund, is amended to read as follows:
21 (i) Those special revenues as specified in § 19-6-301(9), (11), (19), (21),
22 (37), (75), (76), (77), (78), (79), (82), (83), (84), (85), (86), (87), (88),
23 (89), (91), (96), (116), (118), (120), (124), (149), (188), and (231), (243)
24 and eight percent (8%) of those special revenues as set out in § 19-6-301(20)
25 of the Revenue Classification Law, § 19-6-101 et seq.;
26
27 SECTION 2. Arkansas Code §19-5-307(b)(1) concerning sources of special
28 revenues for the Public Health Fund, is amended to read as follows:
29 (b) The Public Health Fund shall consist of:
30 (1) Those special revenues as set out in § 19-6-301(41), (65), (68),
31 (69), (80), (97), (131), (132), (133), (136), (137), (140), (141), (142),
32 (143), (144), (147), (155), (166), (177), (194), (204), and (205), and that
33 portion of § 19-6-301(58) of the Revenue Classification Law, § 19-6-101 et
34 seq.;
35
36 SECTION 3. Arkansas Code §19-5-403 is hereby repealed.

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 As Engrossed: H2/22/10 HB1159

1 19-5-403. Allocations for fiscal year 2008-2009 and thereafter.

2 Commencing with the fiscal year beginning July 1, 2008, and each fiscal year
3 thereafter, the Treasurer of State shall transfer all remaining general
4 revenues available for distribution on the last day of business in July 2008,
5 and on the last day of business in each calendar month thereafter during the
6 fiscal year to the various funds and fund accounts participating in general
7 revenues in the proportions of the maximum allocation as the individual
8 allocation to the fund or fund account bears to the total of the maximum
9 allocation as provided in § 19-5-404(a), (a-1), and (b).
10
11 SECTION 4. Arkansas Code §19-5-404 is hereby repealed.
12 19-5-404. Maximum allocations of revenues for fiscal year 2008 - 2009 and
13 thereafter.
14 (a) The Treasurer of State shall first make monthly allocations in the
15 proportions set out in this subsection to the funds and fund accounts listed
16 below until there has been transferred a total of four billion one hundred
17 seventy million three hundred one thousand two hundred eighty-seven dollars
18 ($4,170,301,287) or so much thereof as may become available; provided, that
19 the Treasurer of State shall make such monthly allocations in accordance with
20 each fund or fund account's proportionate part of the total of all such
21 allocations set forth in this subsection:
22 Name of Fund or Fund Account Maximum Allocation
23 PUBLIC SCHOOL FUND
24 (1) Department of Education Public School Fund Account $1,748,591,814
25 (2) State Library Public School Fund Account $4,000,000
26 (3) Department of Workforce Education Public School
27 Fund Account $31,470,513
28 GENERAL EDUCATION FUND
29 (1) Department of Education Fund Account $14,211,721
30 (2) Educational Facilities Partnership Fund
31 Account $35,000,000
32 (3) Division of Public School Academic Facilities
33 and Transportation Fund Account $2,445,193
34 (4) Educational Television Fund Account $4,910,473
35 (5) School for the Blind Fund Account $5,768,513
36 (6) School for the Deaf Fund Account $9,980,326

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1 (7) State Library Fund Account $3,225,871

2 (8) Department of Workforce Education Fund
3 Account $2,931,928
4 (9) Rehabilitation Services Fund Account $12,713,874
5 Technical Institutes
6 (10) Crowley's Ridge Technical Institute Fund
7 Account 2,547,895
8 (11) Northwest Technical Institute Fund Account 2,902,386
9 (12) Riverside Vocational Technical School Fund
10 Account 2,153,610
11 DEPARTMENT OF HUMAN SERVICES FUND
12 (1) Department of Human Services Administration
13 Fund Account $14,506,501
14 (2) Aging and Adult Services Fund Account 15,866,539
15 (3) Children and Family Services Fund Account 41,508,480
16 (4) Child Care and Early Childhood Education
17 Fund Account 557,143
18 (5) Youth Services Fund Account 47,122,611
19 (6) Developmental Disabilities Services Fund Account 57,661,316
20 (7) Medical Services Fund Account 4,843,573
21 (8) Department of Human Services Grants Fund Account 682,165,096
22 (9) Mental Health Services Fund Account 69,055,421
23 (10) State Services for the Blind Fund Account 1,875,678
24 (11) County Operations Fund Account 42,694,602
25 STATE GENERAL GOVERNMENT FUND
26 (1) Department of Arkansas Heritage Fund Account $5,501,307
27 (2) Department of Agriculture Fund Account 13,600,215
28 (3) Department of Labor Fund Account 2,657,387
29 (4) Department of Higher Education Fund Account 3,204,853
30 (5) Higher Education Grants Fund Account 34,661,199
31 (6) Department of Economic Development Fund Account 10,173,671
32 (7) Department of Correction Inmate Care and
33 Custody Fund Account 259,561,307
34 (8) Department of Community Correction Fund Account 55,056,399
35 (9) Livestock & Poultry Commission Fund Account
36 (10) State Military Department Fund Account 9,015,246

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1 (11) Department of Parks & Tourism Fund Account 21,728,926

2 (12) Arkansas Department of Environmental Quality
3 Fund Account 2,632,871
4 (13) Miscellaneous Agencies Fund Account 49,287,422
5 COUNTY AID FUND $19,741,546
6 COUNTY JAIL REIMBURSEMENT FUND $9,500,035
7 CRIME INFORMATION SYSTEM FUND $3,505,227
8 CHILD SUPPORT ENFORCEMENT FUND $13,014,933
9 STATE FORESTRY FUND $-
10 MERIT ADJUSTMENT FUND $-
11 MOTOR VEHICLE ACQUISITION REVOLVING FUND $-
12 MUNICIPAL AID FUND $27,506,526
13 PUBLIC HEALTH FUND $51,319,669
14 DEPARTMENT OF ARKANSAS STATE POLICE FUND $50,997,908
15 DEPARTMENT OF WORKFORCE SERVICES FUND $3,640,650
16 PLANT BOARD FUND $-
17 INSTITUTIONS OF HIGHER EDUCATION
18 (1) ARKANSAS STATE UNIVERSITY FUND $54,861,469
19 (2) ARKANSAS TECH UNIVERSITY FUND $29,381,015
20 (3) HENDERSON STATE UNIVERSITY FUND $17,876,805
21 (4) SOUTHERN ARKANSAS UNIVERSITY FUND $14,612,028
22 (5) UNIVERSITY OF ARKANSAS FUND $108,856,261
23 (6) UNIVERSITY OF ARKANSAS FUND ARCHEOLOGICAL SURVEY $2,036,083
24 (7) UNIVERSITY OF ARKANSAS FUND — DIVISION OF AGRICULTURE $58,969,904
25 (8) UNIVERSITY OF ARKANSAS FUND - CLINTON SCHOOL $2,230,421
26 (9) UNIVERSITY OF ARKANSAS FUND -
27 CRIMINAL JUSTICE INSTITUTE $1,737,888
28 (10) UNIVERSITY OF ARKANSAS AT FORT SMITH FUND $18,660,334
29 (11) UNIVERSITY OF ARKANSAS AT LITTLE ROCK FUND $55,891,672
30 (12) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND $81,724,309
31 (13) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND —
32 CHILD SAFETY CENTER $-
33 (14) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND —
34 INDIGENT CARE $5,235,230
35 (15) UNIVERSITY OF ARKANSAS AT MONTICELLO FUND $14,931,022
36 (16) UNIVERSITY OF ARKANSAS AT PINE BLUFF FUND $24,599,044

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1 (17) UNIVERSITY OF CENTRAL ARKANSAS FUND $44,899,349

2 (18) ARKANSAS NORTHEASTERN COLLEGE FUND $8,411,685
3 (19) ARKANSAS STATE UNIVERSITY — BEEBE FUND $11,621,695
4 (20) ARKANSAS STATE UNIVERSITY —
5 MOUNTAIN HOME FUND $3,253,285
6 (21) ARKANSAS STATE UNIVERSITY — NEWPORT FUND $2,993,716
7 (22) COSSATOT COMMUNITY COLLEGE OF THE
8 UNIVERSITY OF ARKANSAS FUND $3,013,299
9 (23) EAST ARKANSAS COMMUNITY COLLEGE FUND $5,624,284
10 (24) MID-SOUTH COMMUNITY COLLEGE FUND $3,501,682
11 (25) NATIONAL PARK COMMUNITY COLLEGE FUND $8,644,312
12 (26) NORTH ARKANSAS COLLEGE FUND $7,681,183
13 (27) NORTHWEST ARKANSAS COMMUNITY COLLEGE FUND $8,185,546
14 (28) PHILLIPS COMMUNITY COLLEGE OF THE
15 UNIVERSITY OF ARKANSAS FUND $8,655,114
16 (29) PHILLIPS COMMUNITY COLLEGE OF THE
17 UNIVERSITY OF ARKANSAS FUND — STUTTGART-DEWITT $-
18 (30) RICH MOUNTAIN COMMUNITY COLLEGE FUND $2,997,693
19 (31) SAU — TECH FUND $5,240,601
20 (32) SAU — TECH FUND — ENVIRONMENTAL CONTROL CENTER $339,767
21 (33) SAU — TECH FUND — FIRE TRAINING ACADEMY $1,250,490
22 (34) SOUTH ARKANSAS COMMUNITY COLLEGE FUND $5,764,639
23 (35) UNIVERSITY OF ARKANSAS COMMUNITY
24 COLLEGE AT BATESVILLE FUND $3,698,653
25 (36) UNIVERSITY OF ARKANSAS COMMUNITY
26 COLLEGE AT HOPE FUND $4,261,173
27 (37) UNIVERSITY OF ARKANSAS COMMUNITY
28 COLLEGE AT MORRILTON FUND $4,359,204
29 (38) BLACK RIVER TECHNICAL COLLEGE FUND $5,635,400
30 (39) OUACHITA TECHNICAL COLLEGE FUND $3,203,347
31 (40) OZARKA COLLEGE FUND $2,693,272
32 (41) PULASKI TECHNICAL COLLEGE FUND $10,455,555
33 (42) SOUTHEAST ARKANSAS COLLEGE FUND $5,294,484
34
35
36 (a-1) After making the maximum annual allocations provided for in subsection

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1 (a) of this section, the Treasurer of State shall then make allocations from
2 the remaining general revenues available for distribution, as set forth in
3 this subsection, to the funds and fund accounts listed below until there has
4 been transferred a total of one hundred eight million eight hundred twenty-
5 three thousand three hundred ninety-eight dollars ($108,823,398) or so much
6 thereof that may become available; provided, that the Treasurer of State
7 shall make such monthly allocations in accordance with each fund or fund
8 account's proportionate part of the total of all such allocations set forth
9 in this subsection:
10 Name of Fund or Fund Account Maximum Allocation
11 PUBLIC SCHOOL FUND
12 (1) Department of Education Public School Fund
13 Account $108,823,398
14 (2) State Library Public School Fund Account $-
15 (3) Department of Workforce Education Public
16 School Fund Account $-
17 GENERAL EDUCATION FUND
18 (1) Department of Education Fund Account $-
19 (2) Educational Facilities Partnership Fund Account $-
20 (3) Division of Public School Academic Facilities
21 and Transportation Fund Account $-
22 (4) Educational Television Fund Account $-
23 (5) School for the Blind Fund Account $-
24 (6) School for the Deaf Fund Account $-
25 (7) State Library Fund Account $-
26 (8) Department of Workforce Education Fund Account $-
27 (9) Rehabilitation Services Fund Account -
28 Technical Institutes $
29 (10) Crowley's Ridge Technical Institute Fund Account $-
30 (11) Northwest Technical Institute Fund Account $-
31 (12) Riverside Vocational Technical School Fund Account $-
32 DEPARTMENT OF HUMAN SERVICES FUND
33 (1) Department of Human Services Administration
34 Fund Account $-
35 (2) Aging and Adult Services Fund Account $-
36 (3) Children and Family Services Fund Account $-

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1 (4) Child Care and Early Childhood Education

2 Fund Account $-
3 (5) Youth Services Fund Account $-
4 (6) Developmental Disabilities Services Fund Account $-
5 (7) Medical Services Fund Account $-
6 (8) Department of Human Services Grants Fund Account $-
7 (9) Mental Health Services Fund Account $-
8 (10) State Services for the Blind Fund Account $-
9 (11) County Operations Fund Account $-
10 STATE GENERAL GOVERNMENT FUND
11 (1) Department of Arkansas Heritage Fund Account $-
12 (2) Department of Agriculture Fund Account $-
13 (3) Department of Labor Fund Account $-
14 (4) Department of Higher Education Fund Account $-
15 (5) Higher Education Grants Fund Account $-
16 (6) Department of Economic Development Fund Account $-
17 (7) Department of Correction Inmate Care and
18 Custody Fund Account $-
19 (8) Department of Community Correction Fund Account $-
20 (9) Livestock & Poultry Commission Fund Account $-
21 (10) State Military Department Fund Account $-
22 (11) Department of Parks & Tourism Fund Account $-
23 (12) Arkansas Department of Environmental
24 Quality Fund Account $-
25 (13) Miscellaneous Agencies Fund Account $-
26 COUNTY AID FUND $-
27 COUNTY JAIL REIMBURSEMENT FUND $-
28 CRIME INFORMATION SYSTEM FUND $-
29 CHILD SUPPORT ENFORCEMENT FUND $-
30 STATE FORESTRY FUND $-
31 MERIT ADJUSTMENT FUND $-
32 MOTOR VEHICLE ACQUISITION REVOLVING FUND $-
33 MUNICIPAL AID FUND $-
34 PUBLIC HEALTH FUND $-
35 DEPARTMENT OF ARKANSAS STATE POLICE FUND $-
36 DEPARTMENT OF WORKFORCE SERVICES FUND $-

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1 PLANT BOARD FUND $-

2 INSTITUTIONS OF HIGHER EDUCATION
3 (1) ARKANSAS STATE UNIVERSITY FUND $-
4 (2) ARKANSAS TECH UNIVERSITY FUND $-
5 (3) HENDERSON STATE UNIVERSITY FUND $-
6 (4) SOUTHERN ARKANSAS UNIVERSITY FUND $-
7 (5) UNIVERSITY OF ARKANSAS FUND $-
8 (6) UNIVERSITY OF ARKANSAS FUND ARCHEOLOGICAL SURVEY $-
9 (7) UNIVERSITY OF ARKANSAS FUND — DIVISION OF AGRICULTURE $-
10 (8) UNIVERSITY OF ARKANSAS FUND — CLINTON SCHOOL $-
11 (9) UNIVERSITY OF ARKANSAS FUND —
12 CRIMINAL JUSTICE INSTITUTE $-
13 (10) UNIVERSITY OF ARKANSAS AT FORT SMITH FUND $-
14 (11) UNIVERSITY OF ARKANSAS AT LITTLE ROCK FUND $-
15 (12) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND $-
16 (13) UNIVERSITY OF ARKANSAS MEDICAL
17 CENTER FUND — CHILD SAFETY CENTER $-
18 (14) UNIVERSITY OF ARKANSAS MEDICAL
19 CENTER FUND — INDIGENT CARE $-
20 (15) UNIVERSITY OF ARKANSAS AT MONTICELLO FUND $-
21 (16) UNIVERSITY OF ARKANSAS AT PINE BLUFF FUND $-
22 (17) UNIVERSITY OF CENTRAL ARKANSAS FUND $-
23 (18) ARKANSAS NORTHEASTERN COLLEGE FUND $-
24 (19) ARKANSAS STATE UNIVERSITY — BEEBE FUND $-
25 (20) ARKANSAS STATE UNIVERSITY —
26 MOUNTAIN HOME FUND $-
27 (21) ARKANSAS STATE UNIVERSITY — NEWPORT FUND $-
28 (22) COSSATOT COMMUNITY COLLEGE OF
29 THE UNIVERSITY OF ARKANSAS FUND $-
30 (23) EAST ARKANSAS COMMUNITY COLLEGE FUND $-
31 (24) MID-SOUTH COMMUNITY COLLEGE FUND $-
32 (25) NATIONAL PARK COMMUNITY COLLEGE FUND $-
33 (26) NORTH ARKANSAS COLLEGE FUND $-
34 (27) NORTHWEST ARKANSAS COMMUNITY COLLEGE FUND $-
35 (28) PHILLIPS COMMUNITY COLLEGE OF THE
36 THE UNIVERSITY OF ARKANSAS FUND $-

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1 (29) PHILLIPS COMMUNITY COLLEGE OF THE

2 UNIVERSITY OF ARKANSAS FUND — STUTTGART-DEWITT $-
3 (30) RICH MOUNTAIN COMMUNITY COLLEGE FUND $-
4 (31) SAU — TECH FUND $-
5 (32) SAU — TECH FUND — ENVIRONMENTAL CONTROL CENTER $-
6 (33) SAU — TECH FUND — FIRE TRAINING ACADEMY $-
7 (34) SOUTH ARKANSAS COMMUNITY COLLEGE FUND $-
8 (35) UNIVERSITY OF ARKANSAS COMMUNITY
9 COLLEGE AT BATESVILLE FUND $-
10 (36) UNIVERSITY OF ARKANSAS COMMUNITY
11 COLLEGE AT HOPE FUND $-
12 (37) UNIVERSITY OF ARKANSAS COMMUNITY
13 COLLEGE AT MORRILTON FUND $-
14 (38) BLACK RIVER TECHNICAL COLLEGE FUND $-
15 (39) OUACHITA TECHNICAL COLLEGE FUND $-
16 (40) OZARKA COLLEGE FUND $-
17 (41) PULASKI TECHNICAL COLLEGE FUND $-
18 (42) SOUTHEAST ARKANSAS COLLEGE FUND $-
19 (b) After making the maximum annual allocations provided for in subsection
20 (a-1) of this section, the Treasurer of State shall then make allocations
21 from the remaining general revenues available for distribution, as set forth
22 in this subsection, to the funds and fund accounts listed below until there
23 has been transferred a total of two hundred forty-four million five hundred
24 forty-eight thousand four hundred eighteen dollars ($244,548,418) or so much
25 thereof that may become available; provided, that the Treasurer of State
26 shall make such monthly allocations in accordance with each fund or fund
27 account's proportionate part of the total of all such allocations set forth
28 in this subsection:
29 Name of Fund or Fund Account Maximum Allocation
30 PUBLIC SCHOOL FUND
31 (1) Department of Education Public School Fund Account $-
32 (2) State Library Public School Fund Account $1,700,000
33 (3) Department of Workforce Education Public
34 School Fund Account $1,800,000
35 GENERAL EDUCATION FUND
36 (1) Department of Education Fund Account $877,418

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1 (2) Educational Facilities Partnership Fund Account $-

2 (3) Division of Public School Academic Facilities
3 and Transportation Fund Account $-
4 (4) Educational Television Fund Account $120,000
5 (5) School for the Blind Fund Account $235,000
6 (6) School for the Deaf Fund Account $200,000
7 (7) State Library Fund Account $-
8 (8) Department of Workforce Education Fund Account $-
9 (9) Rehabilitation Services Fund Account $-
10 Technical Institutes
11 (10) Crowley's Ridge Technical Institute Fund Account $-
12 (11) Northwest Technical Institute Fund Account $-
13 (12) Riverside Vocational Technical School Fund Account $-
14 DEPARTMENT OF HUMAN SERVICES FUND
15 (1) Department of Human Services Administration
16 Fund Account $706,080
17 (2) Aging and Adult Services Fund Account 2,000,000
18 (3) Children and Family Services Fund Account 9,795,435
19 (4) Child Care and Early Childhood Education
20 Fund Account $-
21 (5) Youth Services Fund Account $-
22 (6) Developmental Disabilities Services Fund Account 3,163,111
23 (7) Medical Services Fund Account $-
24 (8) Department of Human Services Grants Fund Account 65,900,221
25 (9) Mental Health Services Fund Account 4,415,000
26 (10) State Services for the Blind Fund Account $-
27 (11) County Operations Fund Account $-
28 STATE GENERAL GOVERNMENT FUND
29 (1) Department of Arkansas Heritage Fund Account $592,965
30 (2) Department of Agriculture Fund Account 5,812,395
31 (3) Department of Labor Fund Account 261,523
32 (4) Department of Higher Education Fund Account 160,020
33 (5) Higher Education Grants Fund Account $-
34 (6) Department of Economic Development Fund Account $-
35 (7) Department of Correction Inmate Care and
36 Custody Fund Account 30,116,102

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1 (8) Department of Community Correction Fund Account 14,850,000

2 (9) Livestock & Poultry Commission Fund Account $-
3 (10) State Military Department Fund Account 789,440
4 (11) Department of Parks & Tourism Fund Account $-
5 (12) Arkansas Department of Environmental
6 Quality Fund Account $-
7 (13) Miscellaneous Agencies Fund Account 2,610,397
8 COUNTY AID FUND $-
9 COUNTY JAIL REIMBURSEMENT FUND $-
10 CRIME INFORMATION SYSTEM FUND $150,000
11 CHILD SUPPORT ENFORCEMENT FUND $-
12 STATE FORESTRY FUND $-
13 MERIT ADJUSTMENT FUND $5,079,878
14 MOTOR VEHICLE ACQUISITION REVOLVING FUND $-
15 MUNICIPAL AID FUND $-
16 PUBLIC HEALTH FUND $3,219,075
17 DEPARTMENT OF ARKANSAS STATE POLICE FUND $15,030,782
18 DEPARTMENT OF WORKFORCE SERVICES FUND $-
19 PLANT BOARD FUND $-
20 INSTITUTIONS OF HIGHER EDUCATION
21 (1) ARKANSAS STATE UNIVERSITY FUND $4,865,053
22 (2) ARKANSAS TECH UNIVERSITY FUND $2,829,652
23 (3) HENDERSON STATE UNIVERSITY FUND $1,250,471
24 (4) SOUTHERN ARKANSAS UNIVERSITY FUND $1,223,268
25 (5) UNIVERSITY OF ARKANSAS FUND $11,590,659
26 (6) UNIVERSITY OF ARKANSAS FUND — ARCHEOLOGICAL SURVEY $415,928
27 (7) UNIVERSITY OF ARKANSAS FUND — DIVISION OF AGRICULTURE $5,507,653
28 (8) UNIVERSITY OF ARKANSAS FUND — CLINTON SCHOOL $76,463
29 (9) UNIVERSITY OF ARKANSAS FUND —
30 CRIMINAL JUSTICE INSTITUTE $123,221
31 (10) UNIVERSITY OF ARKANSAS AT FORT SMITH FUND $2,088,838
32 (11) UNIVERSITY OF ARKANSAS AT LITTLE ROCK FUND $5,547,430
33 (12) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND $9,773,943
34 (13) UNIVERSITY OF ARKANSAS MEDICAL
35 CENTER FUND — CHILD SAFETY CENTER $1,250,000
36 (14) UNIVERSITY OF ARKANSAS MEDICAL

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1 CENTER FUND — INDIGENT CARE $184,125

2 (15) UNIVERSITY OF ARKANSAS AT MONTICELLO FUND $1,290,425
3 (16) UNIVERSITY OF ARKANSAS AT PINE BLUFF FUND $1,019,155
4 (17) UNIVERSITY OF CENTRAL ARKANSAS FUND $9,774,593
5 (18) ARKANSAS NORTHEASTERN COLLEGE FUND $250,000
6 (19) ARKANSAS STATE UNIVERSITY — BEEBE FUND $615,667
7 (20) ARKANSAS STATE UNIVERSITY —
8 MOUNTAIN HOME FUND $389,117
9 (21) ARKANSAS STATE UNIVERSITY — NEWPORT FUND $849,797
10 (22) COSSATOT COMMUNITY COLLEGE OF THE
11 UNIVERSITY OF ARKANSAS FUND $382,170
12 (23) EAST ARKANSAS COMMUNITY COLLEGE FUND $259,575
13 (24) MID-SOUTH COMMUNITY COLLEGE FUND $319,269
14 (25) NATIONAL PARK COMMUNITY COLLEGE FUND $377,401
15 (26) NORTH ARKANSAS COLLEGE FUND $408,149
16 (27) NORTHWEST ARKANSAS COMMUNITY COLLEGE FUND $2,182,564
17 (28) PHILLIPS COMMUNITY COLLEGE OF THE
18 UNIVERSITY OF ARKANSAS FUND $289,846
19 (29) PHILLIPS COMMUNITY COLLEGE OF THE
20 UNIVERSITY OF ARKANSAS FUND — STUTTGART-DEWITT $292,000
21 (30) RICH MOUNTAIN COMMUNITY COLLEGE FUND $291,163
22 (31) SAU — TECH FUND $528,036
23 (32) SAU — TECH FUND — ENVIRONMENTAL CONTROL CENTER $41,991
24 (33) SAU — TECH FUND — FIRE TRAINING ACADEMY $561,053
25 (34) SOUTH ARKANSAS COMMUNITY COLLEGE FUND $327,531
26 (35) UNIVERSITY OF ARKANSAS COMMUNITY
27 COLLEGE AT BATESVILLE FUND $416,408
28 (36) UNIVERSITY OF ARKANSAS COMMUNITY
29 COLLEGE AT HOPE FUND $254,902
30 (37) UNIVERSITY OF ARKANSAS COMMUNITY
31 COLLEGE AT MORRILTON FUND $476,118
32 (38) BLACK RIVER TECHNICAL COLLEGE FUND $444,608
33 (39) OUACHITA TECHNICAL COLLEGE FUND $375,965
34 (40) OZARKA COLLEGE FUND $319,617
35 (41) PULASKI TECHNICAL COLLEGE FUND $5,090,799
36 (42) SOUTHEAST ARKANSAS COLLEGE FUND $408,953

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1
2 SECTION 5. Arkansas Code §19-5-405, concerning the authority of
3 Treasurer of State, is amended to read as follows:
4 19-5-405. Authority of Treasurer of State.
5 The Treasurer of State, in calculating the proportionate share of the maximum
6 allocation to determine the monthly distribution of net general revenues
7 available for distribution for each fund or fund account, as authorized in §§
8 19-5-401 — 19-5-406 Title 19, Chapter 5, Subchapter 4, shall compute the
9 calculation of five (5) digits to the right of the decimal point, “rounded
10 off”. In the event the Treasurer of State shall determine that there are
11 errors in any of the totals of the respective funds or fund accounts for
12 which distributions are authorized in §§ 19-5-401 — 19-5-406 Title 19,
13 Chapter 5, Subchapter 4, the maximum allocation authorized for each fund and
14 fund account within each subsection shall govern with respect to the
15 allocation to be made to those funds and fund accounts. The Treasurer of
16 State is authorized to correct errors in totals thereof, as reflected in this
17 subchapter, prior to computing the calculations of the proportionate share of
18 the maximum allocations to be determined in making monthly distributions of
19 net general revenues available for distribution for each fund or fund
20 account, as authorized within the respective priorities set forth in §§ 19-5-
21 401 — 19-5-406 Title 19, Chapter 5, Subchapter 4.
22
23 SECTION 6. Arkansas Code §19-5-406, concerning transfer of remaining
24 revenues, is amended to read as follows:
25 19-5-406. Transfer of remaining revenues.
26 After making the maximum annual allocation, as provided in §§ 19-5-402 and
27 19-5-404, all remaining general revenues available for distribution during
28 each fiscal year shall be transferred on the last day of business in each
29 calendar month to the General Revenue Allotment Reserve Fund, there to be
30 used for the respective purposes as provided by law.
31
32 SECTION 7. Arkansas Code § 19-5-941 is hereby repealed.
33 19-5-941. Arkansas Science and Technology Authority Endowment Fund.
34 (a) There is established on the books of the Treasurer of State, the Auditor
35 of State, and the Chief Fiscal Officer of the State a fund to be known as the
36 Arkansas Science and Technology Authority Endowment Fund.

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1 (b) This fund shall consist of any state appropriations specifically so

2 designated, unrestricted appropriations, gifts, grants, and donations.
3 (c) Only the income from this fund may be used to support the activities of
4 the Arkansas Science and Technology Authority.
5
6 SECTION 8. Arkansas Code § 19-5-998(a)(2) is amended to read as
7 follows:
8 (2) The fund shall be used by the Arkansas Agriculture Department -
9 State Plant Board of Environmental Quality to defray the costs of developing
10 and implementing a plan for the disposal of abandoned agricultural pesticides
11 and plant regulators.
12
13 SECTION 9. Arkansas Code § 19-5-1085(b) concerning sources of revenue
14 for the Judicial Fine Collection Enhancement Fund, is amended to read as
15 follows:
16 (b) This fund shall consist of the time-payment fees established by § 16-13-
17 704, electronic payment access fees established by § 16-92-118, court
18 technology fees established by § 21-6-416, federal court certified question
19 fees and fees for Court of Appeals or Supreme Court decision petitions for
20 rehearing established by § 21-6-401(a)(2) and (a)(3) respectively, and fees
21 for electronic filing and public online access to court decisions and other
22 court records established by § 21-6-401(d), there to be used by the
23 Administrative Office of the Courts for the purchase of computer hardware and
24 software as set out in § 16-13-712.
25
26 SECTION 10. Arkansas Code § 19-5-1203 is hereby repealed.
27 19-5-1203. Motorcoach Carrier Incentive Program Fund.
28 (a) There is established on the books of the Treasurer of State, the Auditor
29 of State, and the Chief Fiscal Officer of the State a fund to be known as the
30 Motorcoach Carrier Incentive Program Fund.
31 (b) (1) This fund shall consist of those funds provided by law.
32 (2) The fund shall be used for making incentive payments to eligible
33 applicants as administered by the Director of the Department of Parks and
34 Tourism, as set out in the Motorcoach Incentive Act of 1999, § 23-13-501 et
35 seq.
36

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1 SECTION 11. Arkansas Code Title 19, Chapter 5, Subchapter 12 is amended

2 to add an additional section to read as follows:
3 19-5-1242. Fire Protection Licensing Fund.
4 (a) There is created on the books of the Treasurer of State, the Auditor of
5 State, and the Chief Fiscal Officer of the State a miscellaneous fund to be
6 known as the "Fire Protection Licensing Fund".
7 (b)(1) The fund shall consist of:
8 (A) All funds provided by law for the fund; and
9 (B) Examination and renewal fees charged pursuant to § 20-22-610.
10 (c) The fund shall be used for the maintenance, operation, and improvement as
11 required by the Fire Protection Licensing Board in carrying out the powers,
12 functions, and duties as set out in § 20-22-601 et seq.
13
14 SECTION 12. Arkansas Code 19-5-401 is amended to read as follows:
15 19-5-401. Allocations for fiscal year 2010-2011 and thereafter.
16 Commencing with the fiscal year beginning July 1, 2010, and each fiscal year
17 thereafter, the Treasurer of State shall transfer all remaining general
18 revenues available for distribution on the last day of business in July 2010,
19 and on the last day of business in each calendar month thereafter during the
20 fiscal year to the various funds and fund accounts participating in general
21 revenues in the proportions of the maximum allocation as the individual
22 allocation to the fund or fund account bears to the total of the maximum
23 allocation as provided in § 19-5-402 (a) and (b).
24
25 SECTION 13. Arkansas Code 19-5-402 is amended to read as follows:
26 19-5-402. Maximum allocations of revenues for fiscal year 2010-2011 and
27 thereafter.
28 (a) The Treasurer of State shall first make monthly allocations in the
29 proportions set out in this subsection to the funds and fund accounts listed
30 below until there has been transferred a total of four billion four hundred
31 forty-four million three hundred eighty-six thousand eight hundred eighty-six
32 dollars ($4,444,386,886) or so much thereof as may become available;
33 provided, that the Treasurer of State shall make such monthly allocations in
34 accordance with each fund or fund account's proportionate part of the total
35 of all such allocations set forth in this subsection:
36 Name of Fund or Fund Account Maximum Allocation

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1 PUBLIC SCHOOL FUND

2 (1) Department of Education Public School Fund Account $1,849,659,072
3 (2) State Library Public School Fund Account $5,586,000
4 (3) Department of Workforce Education Public
5 School Fund Account $31,794,368
6
7 GENERAL EDUCATION FUND
8 (1) Department of Education Fund Account $14,937,308
9 (2) Educational Facilities Partnership Fund Account $34,300,000
10 (3) Division of Public School Academic Facilities
11 and Transportation Fund Account $2,445,861
12 (4) Educational Television Fund Account $5,015,074
13 (5) School for the Blind Fund Account $5,976,429
14 (6) School for the Deaf Fund Account $10,324,071
15 (7) State Library Fund Account $3,292,415
16 (8) Department of Workforce Education Fund Account $3,000,085
17 (9) Rehabilitation Services Fund Account $12,724,276
18 Technical Institutes:
19 (10) Crowley's Ridge Technical Institute Fund Account $2,545,200
20 (11) Northwest Technical Institute Fund Account $2,925,221
21 (12) Riverside Vocational Technical School Fund Account $2,183,684
22
23 DEPARTMENT OF HUMAN SERVICES FUND
24 (1) Department of Human Services Administration
25 Fund Account $15,400,230
26 (2) Aging and Adult Services Fund Account 17,127,005
27 (3) Children and Family Services Fund Account 48,759,859
28 (4) Child Care and Early Childhood Education
29 Fund Account 554,897
30 (5) Youth Services Fund Account 47,618,545
31 (6) Developmental Disabilities Services Fund Account 60,957,348
32 (7) Medical Services Fund Account 4,921,727
33 (8) Department of Human Services Grants Fund Account 681,123,937
34 (9) Behavioral Health Services Fund Account 74,477,648
35 (10) State Services for the Blind Fund Account 1,856,271
36 (11) County Operations Fund Account 46,485,655

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1
2 STATE GENERAL GOVERNMENT FUND
3 (1) Department of Arkansas Heritage Fund Account $6,091,383
4 (2) Department of Agriculture Fund Account 15,577,344
5 (3) Department of Labor Fund Account 2,880,667
6 (4) Department of Higher Education Fund Account 3,260,033
7 (5) Higher Education Grants Fund Account 33,967,975
8 (6) Department of Economic Development Fund Account 10,113,853
9 (7) Department of Correction Inmate Care
10 and Custody Fund Account 290,303,309
11 (8) Department of Community Correction Fund Account 66,411,671
12 (9) State Military Department Fund Account 9,428,475
13 (10) Parks and Tourism Fund Account 22,182,349
14 (11) Arkansas Department of Environmental Quality
15 Fund Account 4,146,686
16 (12) Miscellaneous Agencies Fund Account 52,906,716
17
18 COUNTY AID FUND $19,346,715
19 COUNTY JAIL REIMBURSEMENT FUND $9,310,034
20 CRIME INFORMATION CENTER FUND $3,707,481
21 CHILD SUPPORT ENFORCEMENT FUND $12,754,634
22 PUBLIC HEALTH FUND $89,585,008
23 MERIT ADJUSTMENT FUND $-
24 MOTOR VEHICLE ACQUISITION REVOLVING FUND $-
25 MUNICIPAL AID FUND $26,956,395
26 DEPARTMENT OF ARKANSAS STATE POLICE FUND $61,267,585
27 DEPARTMENT OF WORKFORCE SERVICES FUND $3,718,301
28
29 INSTITUTIONS OF HIGHER EDUCATION
30 (1) ARKANSAS STATE UNIVERSITY FUND $55,010,602
31 (2) ARKANSAS TECH UNIVERSITY FUND $30,884,854
32 (3) HENDERSON STATE UNIVERSITY FUND $18,429,638
33 (4) SOUTHERN ARKANSAS UNIVERSITY FUND $15,214,941
34 (5) UNIVERSITY OF ARKANSAS FUND $114,163,942
35 (6) UNIVERSITY OF ARKANSAS FUND-ARCHEOLOGICAL SURVEY $2,292,034
36 (7) UNIVERSITY OF ARKANSAS FUND-DIVISION OF

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1 AGRICULTURE $61,846,385
2 (8) UNIVERSITY OF ARKANSAS FUND-CLINTON SCHOOL $2,260,712
3 (9) UNIVERSITY OF ARKANSAS FUND-CRIMINAL JUSTICE
4 INSTITUTE $1,798,041
5 (10) SCHOOL FOR MATH, SCIENCES AND ARTS FUND $1,096,111
6 (11) UNIVERSITY OF ARKANSAS AT FORT SMITH FUND $19,810,458
7 (12) UNIVERSITY OF ARKANSAS AT LITTLE ROCK FUND $58,850,881
8 (13) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND $96,084,489
9 (14) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND -
10 CHILD SAFETY CENTER $709,643
11 (15) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND -
12 INDIGENT CARE $5,261,049
13 (16) UNIVERSITY OF ARKANSAS AT MONTICELLO FUND $15,592,060
14 (17) UNIVERSITY OF ARKANSAS AT PINE BLUFF FUND $24,846,570
15 (18) UNIVERSITY OF CENTRAL ARKANSAS FUND $51,183,065
16 (19) ARKANSAS NORTHEASTERN COLLEGE FUND $8,446,792
17 (20) ARKANSAS STATE UNIVERSITY - BEEBE FUND $11,861,989
18 (21) ARKANSAS STATE UNIVERSITY - MOUNTAIN HOME FUND $3,501,593
19 (22) ARKANSAS STATE UNIVERSITY - NEWPORT FUND $5,901,288
20 (23) COSSATOT COMMUNITY COLLEGE OF THE UNIVERSITY
21 OF ARKANSAS FUND $3,277,034
22 (24) EAST ARKANSAS COMMUNITY COLLEGE FUND $5,700,154
23 (25) MID-SOUTH COMMUNITY COLLEGE FUND $3,734,180
24 (26) NATIONAL PARK COMMUNITY COLLEGE FUND $8,765,128
25 (27) NORTH ARKANSAS COLLEGE FUND $7,845,109
26 (28) NORTHWEST ARKANSAS COMMUNITY COLLEGE FUND $9,635,460
27 (29) PHILLIPS COMMUNITY COLLEGE OF THE UNIVERSITY
28 OF ARKANSAS FUND $8,925,446
29 (30) RICH MOUNTAIN COMMUNITY COLLEGE FUND $3,152,633
30 (31) SAU - TECH FUND $5,526,391
31 (32) SAU - TECH FUND-ENVIRONMENTAL CONTROL CENTER $362,809
32 (33) SAU - TECH FUND-FIRE TRAINING ACADEMY $1,626,143
33 (34) SOUTH ARKANSAS COMMUNITY COLLEGE FUND $5,903,280
34 (35) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT
35 BATESVILLE FUND $3,959,584
36 (36) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT

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1 HOPE FUND $4,423,777

2 (37) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT
3 MORRILTON FUND $4,663,945
4 (38) BLACK RIVER TECHNICAL COLLEGE FUND $5,919,834
5 (39) OUACHITA TECHNICAL COLLEGE FUND $3,452,860
6 (40) OZARKA COLLEGE FUND $2,914,644
7 (41) PULASKI TECHNICAL COLLEGE FUND $14,091,351
8 (42) SOUTHEAST ARKANSAS COLLEGE FUND $5,551,191
9
10 (b) After making the maximum annual allocations provided for in subsection
11 (a) of this section, the Treasurer of State shall then make allocations from
12 the remaining general revenues available for distribution, as set forth in
13 this subsection, to the funds and fund accounts listed below until there has
14 been transferred a total of thirty-four million five hundred thirteen
15 thousand one hundred fourteen dollars ($34,513,114) or so much thereof that
16 may become available; provided, that the Treasurer of State shall make such
17 monthly allocations in accordance with each fund or fund account's
18 proportionate part of the total of all such allocations set forth in this
19 subsection:
20 Name of Fund or Fund Account Maximum Allocation
21 PUBLIC SCHOOL FUND
22 (1) Department of Education Public School Fund Account $-
23 (2) State Library Public School Fund Account $86,143
24 (3) Department of Workforce Education Public
25 School Fund Account $490,311
26
27 GENERAL EDUCATION FUND
28 (1) Department of Education Fund Account $230,353
29 (2) Educational Facilities Partnership Fund Account $528,951
30 (3) Division of Public School Academic Facilities
31 and Transportation Fund Account $37,718
32 (4) Educational Television Fund Account $77,339
33 (5) School for the Blind Fund Account $92,164
34 (6) School for the Deaf Fund Account $159,211
35 (7) State Library Fund Account $50,773
36 (8) Department of Workforce Education Fund Account $46,265

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1 (9) Rehabilitation Services Fund Account $196,225

2 Technical Institutes:
3 (10) Crowley's Ridge Technical Institute Fund Account $39,250
4 (11) Northwest Technical Institute Fund Account $45,111
5 (12) Riverside Vocational Technical School Fund Account $33,675
6
7 DEPARTMENT OF HUMAN SERVICES FUND
8 (1) Department of Human Services Administration
9 Fund Account $237,492
10 (2) Aging and Adult Services Fund Account 264,121
11 (3) Children and Family Services Fund Account 751,941
12 (4) Child Care and Early Childhood Education
13 Fund Account 8,557
14 (5) Youth Services Fund Account 734,341
15 (6) Developmental Disabilities Services Fund Account 940,043
16 (7) Medical Services Fund Account 75,900
17 (8) Department of Human Services Grants Fund Account 10,503,831
18 (9) Behavioral Health Services Fund Account 1,148,544
19 (10) State Services for the Blind Fund Account 28,626
20 (11) County Operations Fund Account 716,870
21
22 STATE GENERAL GOVERNMENT FUND
23 (1) Department of Arkansas Heritage Fund Account $93,937
24 (2) Department of Agriculture Fund Account 240,223
25 (3) Department of Labor Fund Account 44,424
26 (4) Department of Higher Education Fund Account 50,274
27 (5) Higher Education Grants Fund Account 523,831
28 (6) Department of Economic Development Fund Account 155,969
29 (7) Department of Correction Inmate Care
30 and Custody Fund Account -
31 (8) Department of Community Correction Fund Account -
32 (9) State Military Department Fund Account 145,400
33 (10) Parks and Tourism Fund Account 342,081
34 (11) Arkansas Department of Environmental Quality
35 Fund Account 63,947
36 (12) Miscellaneous Agencies Fund Account 815,891

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1
2 COUNTY AID FUND $298,352
3 COUNTY JAIL REIMBURSEMENT FUND $143,573
4 CRIME INFORMATION CENTER FUND $57,174
5 CHILD SUPPORT ENFORCEMENT FUND $196,693
6 PUBLIC HEALTH FUND $1,381,519
7 MERIT ADJUSTMENT FUND $-
8 MOTOR VEHICLE ACQUISITION REVOLVING FUND $-
9 MUNICIPAL AID FUND $415,703
10 DEPARTMENT OF ARKANSAS STATE POLICE FUND $944,827
11 DEPARTMENT OF WORKFORCE SERVICES FUND $57,341
12
13 INSTITUTIONS OF HIGHER EDUCATION
14 (1) ARKANSAS STATE UNIVERSITY FUND $848,336
15 (2) ARKANSAS TECH UNIVERSITY FUND $476,285
16 (3) HENDERSON STATE UNIVERSITY FUND $284,209
17 (4) SOUTHERN ARKANSAS UNIVERSITY FUND $234,634
18 (5) UNIVERSITY OF ARKANSAS FUND $1,760,559
19 (6) UNIVERSITY OF ARKANSAS FUND-ARCHEOLOGICAL SURVEY $35,346
20 (7) UNIVERSITY OF ARKANSAS FUND-DIVISION OF
21 AGRICULTURE $953,753
22 (8) UNIVERSITY OF ARKANSAS FUND-CLINTON SCHOOL $34,863
23 (9) UNIVERSITY OF ARKANSAS FUND-CRIMINAL JUSTICE
24 INSTITUTE $27,728
25 (10) SCHOOL FOR MATH, SCIENCES AND ARTS FUND $16,903
26 (11) UNIVERSITY OF ARKANSAS AT FORT SMITH FUND $305,503
27 (12) UNIVERSITY OF ARKANSAS AT LITTLE ROCK FUND $907,558
28 (13) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND $1,481,750
29 (14) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND -
30 CHILD SAFETY CENTER $10,944
31 (15) UNIVERSITY OF ARKANSAS MEDICAL CENTER FUND -
32 INDIGENT CARE $81,132
33 (16) UNIVERSITY OF ARKANSAS AT MONTICELLO FUND $240,450
34 (17) UNIVERSITY OF ARKANSAS AT PINE BLUFF FUND $383,167
35 (18) UNIVERSITY OF CENTRAL ARKANSAS FUND $789,310
36 (19) ARKANSAS NORTHEASTERN COLLEGE FUND $130,261

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1 (20) ARKANSAS STATE UNIVERSITY - BEEBE FUND $182,928

2 (21) ARKANSAS STATE UNIVERSITY - MOUNTAIN HOME FUND $53,999
3 (22) ARKANSAS STATE UNIVERSITY - NEWPORT FUND $91,006
4 (23) COSSATOT COMMUNITY COLLEGE OF THE UNIVERSITY
5 OF ARKANSAS FUND $50,536
6 (24) EAST ARKANSAS COMMUNITY COLLEGE FUND $87,904
7 (25) MID-SOUTH COMMUNITY COLLEGE FUND $57,586
8 (26) NATIONAL PARK COMMUNITY COLLEGE FUND $135,170
9 (27) NORTH ARKANSAS COLLEGE FUND $120,982
10 (28) NORTHWEST ARKANSAS COMMUNITY COLLEGE FUND $148,592
11 (29) PHILLIPS COMMUNITY COLLEGE OF THE UNIVERSITY
12 OF ARKANSAS FUND $137,642
13 (30) RICH MOUNTAIN COMMUNITY COLLEGE FUND $48,618
14 (31) SAU - TECH FUND $85,224
15 (32) SAU - TECH FUND-ENVIRONMENTAL CONTROL CENTER $5,595
16 (33) SAU - TECH FUND-FIRE TRAINING ACADEMY $25,077
17 (34) SOUTH ARKANSAS COMMUNITY COLLEGE FUND $91,036
18 (35) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT
19 BATESVILLE FUND $61,062
20 (36) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT
21 HOPE FUND $68,220
22 (37) UNIVERSITY OF ARKANSAS COMMUNITY COLLEGE AT
23 MORRILTON FUND $71,924
24 (38) BLACK RIVER TECHNICAL COLLEGE FUND $91,292
25 (39) OUACHITA TECHNICAL COLLEGE FUND $53,248
26 (40) OZARKA COLLEGE FUND $44,948
27 (41) PULASKI TECHNICAL COLLEGE FUND $217,307
28 (42) SOUTHEAST ARKANSAS COLLEGE FUND $85,607
29
30 SECTION 14. NOT TO BE INCORPORATED INTO THE ARKANSAS CODE NOR PUBLISHED
31 SEPARATELY AS SPECIAL, LOCAL AND TEMPORARY LAW. UNCLAIMED PROPERTY PROCEEDS
32 TRUST FUND TRANSFER. On the effective date of this Act and notwithstanding
33 the provisions of A.C.A. § 18-28-213 (c)(2) regarding the transfer of funds
34 from the Unclaimed Property Proceeds Trust Fund to the general revenues of
35 the state, the Auditor of State shall transfer on his books and those of the
36 State Treasurer and the Chief Fiscal Officer of the State, the sum of twenty-

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1 one million dollars ($21,000,000) from the Unclaimed Property Proceeds Trust
2 Fund to the Educational Adequacy Fund established in A.C.A. §19-5-1227.
3
4 SECTION 15. NOT TO BE INCORPORATED INTO THE ARKANSAS CODE NOR PUBLISHED
5 SEPARATELY AS SPECIAL, LOCAL AND TEMPORARY LAW. BUDGET STABILIZATION TRUST
6 FUND TRANSFER. After June 1 of fiscal year 2010, if the Chief Fiscal Officer
7 of the State determines that individual income tax refunds or corporate
8 income tax refunds will exceed the amount for refunds in the official
9 forecast for the 2010 fiscal year, and the amount over forecast will decrease
10 general revenue necessary to provide essential government services, he will
11 certify that amount to the Governor. During the fiscal year 2010, as directed
12 by the Governor, upon review by the Arkansas Legislative Council, the Chief
13 Fiscal Officer of the State may transfer, up to a total of twenty-five
14 million dollars ($25,000,000) for the 2010 fiscal year, from the Budget
15 Stabilization Trust Fund established in A.C.A. §19-5-501 to the General
16 Revenue Fund Account established in A.C.A. §19-5-202 to prevent general
17 revenue reductions that would result from income tax refunds as certified
18 pursuant to this section.
19 In no event shall the Chief Fiscal Officer of the State utilize funds
20 provided in this Section to supplement those fund or fund accounts allocated
21 in the Revenue Stabilization Law that would result in exceeding the January
22 11, 2010 Official Forecast.
23
24 SECTION 16. NOT TO BE INCORPORATED INTO THE ARKANSAS CODE NOR PUBLISHED
25 SEPARATELY AS SPECIAL, LOCAL AND TEMPORARY LAW. YEAR-END FUND BALANCE
26 TRANSFERS. Notwithstanding any other provision of law to the contrary
27 pertaining to the transfer of year-end fund balances, the year-end fund
28 balances remaining on June 30, 2010 to be credited to the General Revenue
29 Allotment Reserve Fund by August 15, 2010, shall instead be transferred as
30 follows:
31 (a) First, in the event the 87th General Assembly meeting in Fiscal
32 Session enacts legislation authorizing the transfer of monies from the funds
33 set aside in the Legislative Division of the 87th Session Projects Account of
34 the General Improvement Fund for distribution during the fiscal year ending
35 June 30, 2011, an amount up to the actual amount authorized for transfer from
36 the Legislative Division, or so much thereof as is available shall be

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1 transferred from the year-end fund balances to the Legislative Division of

2 the 87th Session Projects Account of the General Improvement Fund for
3 allocation to the various Legislative Division projects;
4 (b) Second, in the event the 87th General Assembly meeting in Fiscal
5 Session enacts legislation authorizing the transfer of monies from the
6 Executive Division of the 87th Session Projects Account of the General
7 Improvement Fund, an amount up to the actual amount authorized for transfer,
8 or so much thereof as is available shall be transferred from the year-end
9 fund balances to the Executive Division of the 87th Session Projects Account
10 of the General Improvement Fund and made available for allocation to the
11 various Executive Division projects at the discretion of the Governor;
12 (c) The Chief Fiscal Officer of the State shall initiate the transfers
13 authorized from the available year-end fund balances to the Legislative
14 Division and the Executive Division as authorized in (a) and (b) herein on
15 August 15, 2010 or as soon thereafter as is practical; and
16 (d) The remainder of any year-end fund balances on June 30, 2010 to be
17 credited to the General Revenue Allotment Reserve Fund by August 15, 2010, or
18 thereafter after fully funding the provisions of subsections (a) and (b) of
19 this section shall then be credited to the General Revenue Allotment Reserve
20 Fund.
21
22 SECTION 17. EMERGENCY CLAUSE. It is hereby found and determined by the
23 General Assembly of the State of Arkansas that changes in the state's fiscal
24 laws must take effect at the beginning of the fiscal year, that the
25 effectiveness of this act on July 1, 2010, with the exception that Section 15
26 in this Act shall be in full force and effect from and after the date of its
27 passage and approval, is essential to the operation of the agencies for which
28 allocations in this act are provided, and the delay in the effective date of
29 this act beyond July 1, 2010, with the exception that Section 15 in this Act
30 shall be in full force and effect from and after the date of its passage and
31 approval, could work irreparable harm upon the proper administration and
32 provision of essential government programs. Therefore, an emergency is
33 declared to exist and this act being necessary for the preservation of the
34 public peace, health, and safety shall become effective on July 1, 2010, with
35 the exception that Section 15 in this Act shall be in full force and effect
36 from and after the date of its passage and approval.

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