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Arkansas Code Title 2. Agriculture § 2-36-101. Fair-funding program

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) There is created within the Department of Agriculture a fair-funding program that shall be used to provide fair-funding assistance to junior livestock shows, county fairs, district fairs, and the Arkansas State Fair and Livestock Show.

(b) The department shall utilize a historical average of total fair funding provided by the State of Arkansas to previous fair-funding recipients in determining an equitable distribution of available funding appropriated by the General Assembly.

(c)(1)(A) A recipient of fair funding under the fair-funding program under subsection (a) of this section shall:

(i) Maintain records of expenditures; and

(ii) Submit an annual financial report to the department and to Arkansas Legislative Audit by the end of each calendar year.

(B) A recipient of fair funding is subject to a decrease in future funding if the recipient of fair funding does not:

(i) Submit an annual financial report as required under subdivision (c)(1)(A)(ii) of this section; or

(ii) Provide proof of yearly continuing education requirements under guidance adopted by the department.

(2) A recipient of fair funding under the fair-funding program established under subsection (a) of this section is subject to audit by Arkansas Legislative Audit.

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Cite this article: FindLaw.com - Arkansas Code Title 2. Agriculture § 2-36-101. Fair-funding program - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-2-agriculture/ar-code-sect-2-36-101/

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