(a) There is created on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a trust fund to be known as the “Military Family Relief Trust Fund”.
(b)
(1) All moneys collected under § 26-51-2506 shall be deposited into the State Treasury to the credit of the fund.
(2) The fund shall also consist of any other revenues authorized by law.
(c) The fund shall be used exclusively by the Adjutant General or his or her designee to assist members and families of members of the Arkansas National Guard and reserve components of the armed forces.
(d) The Treasurer of State shall credit to the fund the amount certified each quarter in accordance with § 26-51-2506.
(e)
(1) The moneys credited to the fund shall be held as trust funds in interest-bearing accounts only.
(2) All interest earned shall be credited to the fund and shall be used only for the purposes of the fund.
(f) All moneys deposited into the fund, all interest earned on deposits, and the fund balance in the fund may be disbursed as appropriated in each fiscal year of the biennium for the Military Family Relief Check-off Program.
Structure Arkansas Code
Chapter 5 - Revenue Stabilization Law
Subchapter 11 - Trust Funds Continued
§ 19-5-1102. Performance Partnership Trust Fund
§ 19-5-1103. Property Tax Relief Trust Fund. [Effective until July 1, 2017.]
§ 19-5-1103. Property Tax Relief Trust Fund. [Effective July 1, 2017.]
§ 19-5-1104. Arkansas Disaster Relief Program Trust Fund
§ 19-5-1105. Small Business Revolving Loan Fund
§ 19-5-1106. State Insurance Department Prepaid Trust Fund
§ 19-5-1107. Natural Resources Damages Trust Fund
§ 19-5-1108. Water, Waste Disposal, and Pollution Abatement General Obligation Bond Fund
§ 19-5-1109. Ouachita River Waterways Project Trust Fund
§ 19-5-1111. Environmental Settlement Trust Fund
§ 19-5-1112. Geographic Information Systems Fund
§ 19-5-1113. Policemen's Pension Supplement Program Fund
§ 19-5-1114. Arkansas Construction Industry Craft Training Trust Fund
§ 19-5-1115. Arkansas Healthy Century Trust Fund
§ 19-5-1116. Tobacco Settlement Program Fund
§ 19-5-1117. Arkansas Tobacco Settlement Commission Fund
§ 19-5-1118. Prevention and Cessation Program Account
§ 19-5-1119. Targeted State Needs Program Account
§ 19-5-1120. Arkansas Biosciences Institute Program Account
§ 19-5-1121. Medicaid Expansion Program Account
§ 19-5-1122. Juvenile Accountability Incentive Block Grant Trust Fund
§ 19-5-1123. Baby Sharon's Children's Catastrophic Illness Grant Program Trust Fund
§ 19-5-1125. Arkansas Capitol Grounds Monument and Memorial Preservation Fund — Definitions
§ 19-5-1126. Arkansas Public Transit Trust Fund
§ 19-5-1127. Military Family Relief Trust Fund
§ 19-5-1128. Arkansas Multi-Agency Insurance Trust Fund
§ 19-5-1129. Organ Donor Awareness Education Trust Fund
§ 19-5-1130. Economic Development Superprojects Project Fund
§ 19-5-1131. Division of Workforce Services Training Trust Fund
§ 19-5-1134. Public School Insurance Trust Fund
§ 19-5-1135. Arkansas Fair Housing Commission Trust Fund
§ 19-5-1136. Animal Rescue and Shelter Trust Fund — Definition
§ 19-5-1137. Division of Environmental Quality Fee Trust Fund
§ 19-5-1138. Lottery Trust Fund
§ 19-5-1140. Water Performance Bond Fund
§ 19-5-1142. Nonmunicipal Domestic Sewage Treatment Works Trust Fund
§ 19-5-1143. Social Innovation Fund
§ 19-5-1144. Accountability Court Fund
§ 19-5-1145. Arkansas Healthcare Transparency Initiative Fund
§ 19-5-1146. Arkansas Works Program Trust Fund
§ 19-5-1147. Gold Star Family Memorial Monument Fund
§ 19-5-1148. Used Tire Recycling Fund
§ 19-5-1149. National Statuary Hall Collection Trust Fund
§ 19-5-1150. Arkansas Major Historic Rehabilitation Trust Fund
§ 19-5-1152. Arkansas Public Safety Trust Fund
§ 19-5-1153. Arkansas Firefighter Cancer Relief Network Trust Fund
§ 19-5-1154. Rural Broadband I.D. Expenses Trust Fund — Creation — Purpose — Definitions