(1) There is hereby created and established a Natural Resources Damages Advisory Board.
(2) The board shall be composed of seven (7) members: One (1) member shall be a representative from the Arkansas Farm Bureau Federation;
(3) One (1) member shall be a representative from the Arkansas Natural Resources Commission;
(4) One (1) member shall be a representative from the Arkansas Forestry Commission;
(5) One (1) member shall be a representative from the Division of Environmental Quality;
(6) One (1) member shall be a representative from the Arkansas State Game and Fish Commission;
(7) One (1) member shall be a representative of the Division of Arkansas Heritage; and
(8) One (1) member shall be a representative of the Attorney General's office.
(9) Members of the board shall serve without compensation.
(10) The board shall have the following powers and duties: To develop projects for the restoration, rehabilitation, replacement, and acquisition of natural resources;
(11) To request proposals for natural resource-related projects;
(12) To review and evaluate proposals for natural resource-related projects;
(13) To select projects for the restoration, rehabilitation, replacement, and acquisition of natural resources; and
(14) To approve payments from the Natural Resources Damages Trust Fund for projects and other activities relating to the restoration, rehabilitation, replacement, and acquisition of natural resources.