Ark. Code Ann. § 19-5-1131

Division of Workforce Services Training Trust Fund

Known as the Revenue Stabilization Law

The act spans §§ 19-5-1001 to 19-5-999 (376 sections).

Acts 2007, No. 551, § 1; 2019, No. 315, § 1746; 2019, No. 910, § 490.

(1) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a trust fund to be known as the “Division of Workforce Services Training Trust Fund”.

(2) The fund shall consist of the proceeds of the stabilization tax specified in § 11-10-706(f), any interest accruing on these revenues, and any other funds made available by the General Assembly.

(3) The fund shall be used for worker training under rules promulgated by the Director of the Division of Workforce Services.

(4) The director shall report to the Legislative Council on a quarterly basis on all uses of the fund.

Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.