Ark. Code Ann. § 6-20-224
Federal turnback funds
Last amended: 2019Year: 2026Length: 140 words
Any federal mineral leasing funds, federal forest reserve funds, federal flood control funds, or any similar turnback funds in the State Treasury for which the eligible county or school district cannot be identified may be transferred to the Division of Elementary and Secondary Education Public School Fund Account and used for any lawful school purpose. Amended by Act 2019, No. 910,§ 1592, eff. 7/1/2019. Acts 1999, No. 1429, § 25.
Any federal mineral leasing funds, federal forest reserve funds, federal flood control funds, or any similar turnback funds in the State Treasury for which the eligible county or school district cannot be identified may be transferred to the Division of Elementary and Secondary Education Public School Fund Account and used for any lawful school purpose.
Amended by Act 2019, No. 910,§ 1592, eff. 7/1/2019.
Acts 1999, No. 1429, § 25.