Arkansas Code Title 15. Natural Resources and Economic Development § 15-5-1504. Fund--Sources--Deposits

(1) Grants from the federal government or federal agencies allotted to the state for capitalization of the Brownfield Revolving Loan Fund;

(2) State matching grants;

(3) Proceeds of bonds issued by the Arkansas Development Finance Authority under this subchapter;

(4) Loan payments of principal, interest, and premiums under this subchapter;

(5) Any money received from the Hazardous Substance Remedial Action Trust Fund;

(6) Any money received by the state as a gift or donation to the Brownfield Revolving Loan Fund;

(7) Any interest earned upon money deposited into the Brownfield Revolving Loan Fund; and

(8) Any other money legally designated for the Brownfield Revolving Loan Fund.

(b)(1) All moneys received after July 1, 2003, from whatever source for direct deposit into the Brownfield Revolving Loan Fund or paid to the authority for deposit into the Brownfield Revolving Loan Fund are cash funds restricted in their use and shall not be deposited into the State Treasury or deemed to be a part of the State Treasury for the purposes of Arkansas Constitution, Article 5, § 29; Arkansas Constitution, Article 16, § 12; Arkansas Constitution, Amendment 20; or any other constitutional or statutory provisions, but shall be held by the authority and used solely for the purposes stated under this subchapter.

(2) All moneys received by the authority under this subchapter shall be deposited into the Brownfield Revolving Loan Fund when received unless otherwise provided by state law.