(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 “Arkansas Public Safety Trust Fund”.
(b)
(1) The fund shall be an interest-bearing account and may be invested in the manner permitted by law, with the interest income a proper credit to the fund and which shall not revert to general revenue.
(2) The fund shall be overseen by the Division of Emergency Management and shall be used to pay all authorized expenditures and proper costs as described in subsections (d) and (e) of this section.
(c) The fund shall consist of:
(1) Public safety charges assessed and collected under § 12-10-318(b) and § 12-10-326; and
(2) Any other moneys as authorized by law.
(d) On or before the fifteenth business day of December 2019 and on the fifteenth business day of each month thereafter, up to fourteen thousand dollars ($14,000) of the moneys in the fund shall be distributed to the division to provide administrative support for the fund.
(e) On or before the fifteenth business day of July 2020 and on the fifteenth business day of each fiscal quarter thereafter, moneys in the fund shall be distributed as follows:
(1) Up to sixty-two thousand five hundred dollars ($62,500) to the Arkansas Commission on Law Enforcement Standards and Training; and
(2) Up to two million dollars ($2,000,000) to the division to support upgrades and maintenance for the Arkansas Wireless Information Network.
(f) Between December 2019 and June 2020, the fund shall withhold moneys necessary to make the distributions under subsections (d) and (e) of this section.
(g) Each month after the distributions under subsections (d)-(f) of this section are satisfied, all remaining funds in the fund shall be transferred to the Arkansas 911 Board.
(h) Subsections (d)-(g) of this section shall be applied for fiscal year 2021 and each successive fiscal year.
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