Ark. Code Ann. § 19-5-1268

Skills Development Fund

Known as the Revenue Stabilization Law

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

Acts 2020, No. 186, § 3; 2020, No. 187, § 3.

(1) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a miscellaneous fund to be known as the “Skills Development Fund”.

(2) The fund shall consist of: General revenues authorized by law;

(3) Moneys obtained from private grants or other sources that are designated to be credited to the fund; and

(4) Any other revenues authorized by law.

(5) The fund shall be used by the Office of Skills Development as provided in § 25-30-109.

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.