Ark. Code Ann. § 6-62-802: Definitions

As used in this subchapter: (1) "Athletic deficit" means the amount of athletic expenditures offset by the amount of athletic revenues, including: (A) Athletic-generated income; (B) Profits from other auxiliary enterprises; (C) The federally funded portion of college work-study students in the intercollegiate athletic program; (D) Transfers from funds other than the unrestricted educational and general fund; and (E) The allowable unrestricted educational and general transfer for four-year institutions, for two-year branches of four-year institutions, and for other two-year institutions of higher education; (2) "Athletic expenditures" means: (A) All direct and indirect expenses, prorated if necessary, including salaries; (B) All fringe benefits such as medical and dental insurance, workers' compensation, pension plans, tuition waivers, and any other cost associated with recruitment and retention of staff; (C) Travel; (D) Equipment; (E) Scholarships; (F) Meals; (G) Housing and dormitory supplies; (H) Supplies; (I) Property and medical insurance; (J) Medical expenses; (K) Utilities; and (L) Maintenance of facilities related to all intercollegiate teams and spirit groups, excluding bands; and (3) "Athletic program" means intercollegiate athletics. Acts 1991, No. 366, § 2; 1997, No. 954, § 1; 2005, No. 2288, § 1.

As used in this subchapter:

(1) "Athletic deficit" means the amount of athletic expenditures offset by the amount of athletic revenues, including: (A) Athletic-generated income; (B) Profits from other auxiliary enterprises; (C) The federally funded portion of college work-study students in the intercollegiate athletic program; (D) Transfers from funds other than the unrestricted educational and general fund; and (E) The allowable unrestricted educational and general transfer for four-year institutions, for two-year branches of four-year institutions, and for other two-year institutions of higher education;

(A) Athletic-generated income;

(B) Profits from other auxiliary enterprises;

(C) The federally funded portion of college work-study students in the intercollegiate athletic program;

(D) Transfers from funds other than the unrestricted educational and general fund; and

(E) The allowable unrestricted educational and general transfer for four-year institutions, for two-year branches of four-year institutions, and for other two-year institutions of higher education;

(2) "Athletic expenditures" means: (A) All direct and indirect expenses, prorated if necessary, including salaries; (B) All fringe benefits such as medical and dental insurance, workers' compensation, pension plans, tuition waivers, and any other cost associated with recruitment and retention of staff; (C) Travel; (D) Equipment; (E) Scholarships; (F) Meals; (G) Housing and dormitory supplies; (H) Supplies; (I) Property and medical insurance; (J) Medical expenses; (K) Utilities; and (L) Maintenance of facilities related to all intercollegiate teams and spirit groups, excluding bands; and

(A) All direct and indirect expenses, prorated if necessary, including salaries;

(B) All fringe benefits such as medical and dental insurance, workers' compensation, pension plans, tuition waivers, and any other cost associated with recruitment and retention of staff;

(C) Travel;

(D) Equipment;

(E) Scholarships;

(F) Meals;

(G) Housing and dormitory supplies;

(H) Supplies;

(I) Property and medical insurance;

(J) Medical expenses;

(K) Utilities; and

(L) Maintenance of facilities related to all intercollegiate teams and spirit groups, excluding bands; and

(3) "Athletic program" means intercollegiate athletics.