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Arkansas · Snapshot open-us-law v2026.08, retrieved 2026-09-17

Ark. Code Ann. § 19-5-1042: Arkansas Water Resources Cost Share Revolving Fund

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Where this section sits in the code
  1. AR Code
  2. Title 19
  3. Chapter 5
  4. Subchapter 10

(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the "Arkansas Water Resources Cost Share Revolving Fund". (b) (1) The fund shall consist of funds appropriated or otherwise secured for the purposes of cost sharing with the federal government in local water resources development projects and loan repayments to the fund, there to be used to provide loans or grants to local governments for the purposes as established in the Arkansas Water Resources Cost Share Finance Act, § 15-22-801 et seq. (2) The fund may also be used to allow up to twenty percent (20%) of the total cost of a project as administrative costs. Acts 1991, No. 1135, § 11; 2001, No. 1646, § 24.

(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the "Arkansas Water Resources Cost Share Revolving Fund".

(b) (1) The fund shall consist of funds appropriated or otherwise secured for the purposes of cost sharing with the federal government in local water resources development projects and loan repayments to the fund, there to be used to provide loans or grants to local governments for the purposes as established in the Arkansas Water Resources Cost Share Finance Act, § 15-22-801 et seq. (2) The fund may also be used to allow up to twenty percent (20%) of the total cost of a project as administrative costs.

(1) The fund shall consist of funds appropriated or otherwise secured for the purposes of cost sharing with the federal government in local water resources development projects and loan repayments to the fund, there to be used to provide loans or grants to local governments for the purposes as established in the Arkansas Water Resources Cost Share Finance Act, § 15-22-801 et seq.

(2) The fund may also be used to allow up to twenty percent (20%) of the total cost of a project as administrative costs.

Collected 2026-09-17T21:35:43Z. Source file · JSON

Compilation CC BY 4.0, Open US Law (Vaquill AI). GroundRules uses only the releases published under CC BY 4.0: from v2026.09 the compilation is licensed CC BY-NC 4.0, and GroundRules does not use those releases. Each affected row names its release in its vintage label. GroundRules parsed and filtered the compilation to retain enacted text. Source · License

Arkansas electronic product files were republished by Public.Resource.Org under a public-domain mark. GroundRules uses enacted text from Release 78 only as a labeled supplement to the newer Open US Law rows. Source

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