(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 “Disaster Assistance Fund”.
(b) The Disaster Assistance Fund shall consist of moneys received from the Budget Stabilization Trust Fund in such amounts as may be required to provide state moneys for each declared emergency or major disaster as required by the Arkansas Emergency Services Act of 1973, § 12-75-101 et seq., but not to exceed in the aggregate the sum of thirteen million two hundred fifty thousand dollars ($13,250,000) per fiscal year.
(c)
(1) The Chief Fiscal Officer of the State may authorize temporary loans of moneys from the Budget Stabilization Trust Fund to the Disaster Assistance Fund for making available immediate payments to individuals, families, and public assistance grants for providing assistance to such recipients that may be eligible for federal assistance.
(2)
(A) These temporary loans shall be repaid to the Budget Stabilization Trust Fund upon receipt of any federal funds for each declared emergency.
(B) For each declared emergency, the temporary loans shall be repaid on or before June 30 in the year the loan was made.
(C) However, the temporary loan shall not be necessarily repaid on or before June 30 of the fiscal year in which the loan was made, but may be repaid upon availability of federal moneys for such purpose.
(d)
(1) Funds credited to the Disaster Assistance Fund shall be used for making grants, loans, and assistance payments, as authorized by the Arkansas Emergency Services Act of 1973, § 12-75-101 et seq., and applicable federal laws for making grants and assistance payments to eligible recipients enumerated in the Arkansas Emergency Services Act of 1973, § 12-75-101 et seq.
(2) The moneys or funds may also be used for making refunds of federal moneys or funds advanced or determined to be ineligible disbursements.
Structure Arkansas Code
Chapter 5 - Revenue Stabilization Law
Subchapter 10 - Miscellaneous Funds
§ 19-5-1001. Publication Development and Resale Revolving Fund
§ 19-5-1002. Motor Vehicle Acquisition Revolving Fund
§ 19-5-1003. Historic Preservation Revolving Loan Fund
§ 19-5-1004. General Revenue Allotment Reserve Fund
§ 19-5-1005. Development and Enhancement Fund
§ 19-5-1006. Disaster Assistance Fund
§ 19-5-1007. Special Military Fund
§ 19-5-1008. Armory Construction Fund
§ 19-5-1009. Miscellaneous Revolving Fund
§ 19-5-1010. Property Sales Holding Fund
§ 19-5-1011. Crime Information System Fund
§ 19-5-1015. Child Support Enforcement Fund
§ 19-5-1016. Rural Fire Protection Revolving Fund
§ 19-5-1018. Higher Education Building Maintenance Fund
§ 19-5-1019. County Solid Waste Management System Aid Fund — Definitions
§ 19-5-1020. Department of Human Services Renovation Fund
§ 19-5-1021. White River Navigation Fund
§ 19-5-1023. Special account for youth services centers
§ 19-5-1024. Public Service Commission Tax Division Fund
§ 19-5-1025. Department of Human Services Consolidated Cost Revolving Fund
§ 19-5-1027. Environmental Education Fund
§ 19-5-1028. Abandoned Mine Reclamation Fund
§ 19-5-1029. Surface Coal Mining Operation Fund
§ 19-5-1030. Lead-Based Paint-Hazard Fund
§ 19-5-1031. Solid Waste Performance Bond Fund
§ 19-5-1034. Juvenile Detention Facilities Operating Fund
§ 19-5-1036. Research Development Fund
§ 19-5-1038. Revenue Local Tax Revolving Fund
§ 19-5-1039. Rural Health Services Revolving Fund
§ 19-5-1040. Rural Medical Clinic Revolving Loan Fund
§ 19-5-1041. City-County Tourist Facilities Aid Fund
§ 19-5-1042. Arkansas Water Resources Cost Share Revolving Fund
§ 19-5-1043. Drug Abuse Prevention and Treatment Fund
§ 19-5-1044. Law Enforcement and Prosecutor Drug Enforcement Training Fund
§ 19-5-1045. County Jail Reimbursement Fund
§ 19-5-1046. Building Authority Division Maintenance Fund
§ 19-5-1051. Parks and Tourism Outdoor Recreation Grants Fund
§ 19-5-1052. Justice Building Fund
§ 19-5-1053. Trial Expense Assistance Fund
§ 19-5-1054. Cities in School Fund
§ 19-5-1055. Division of Information Systems Revolving Fund
§ 19-5-1056. Information Technology Reserve Fund
§ 19-5-1059. Technology Equipment Revolving Loan Fund
§ 19-5-1060. Major Industry Facilities Incentive Fund
§ 19-5-1063. Emergency Medical Services Revolving Fund
§ 19-5-1066. Nursing Student Scholarship Fund
§ 19-5-1067. Geology Map Resale Revolving Fund
§ 19-5-1068. County Road Construction and Maintenance Revolving Fund
§ 19-5-1070. Arkansas Agricultural Marketing Grants Fund
§ 19-5-1071. Wastewater Licensing Fund
§ 19-5-1074. Information Network of Arkansas Fund
§ 19-5-1076. Higher Education Tuition Adjustment Fund — Intent
§ 19-5-1078. EMS Enhancement Revolving Fund
§ 19-5-1080. Highway Safety Special Fund
§ 19-5-1081. District Court Judge and District Court Clerk Education Fund
§ 19-5-1082. Court Reporter's Fund
§ 19-5-1083. Arkansas Counties Alcohol and Drug Abuse and Crime Prevention Program Fund
§ 19-5-1084. Waterworks Operators Licensing Fund
§ 19-5-1085. Judicial Fine Collection Enhancement Fund
§ 19-5-1086. Higher Education Consolidation Matching Fund
§ 19-5-1087. Justice Building Construction Fund
§ 19-5-1088. Bail Bondsman Board Fund
§ 19-5-1089. Health Facility Services Revolving Fund
§ 19-5-1095. Military Support Revolving Fund
§ 19-5-1096. Arkansas Real Property Reappraisal Fund
§ 19-5-1097. Public Roads Incentive Fund