(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 miscellaneous fund to be known as the “New Markets Performance Guarantee Fund”.
(b) The fund shall consist of:
(1) Fees paid under § 15-4-3609;
(2) Grants made by a person, organization, or federal or state government agency; and
(3) Any other funds provided by law.
(c) The fund shall be used by the Arkansas Economic Development Commission to guarantee qualified community development entities' performance under the New Markets Jobs Act of 2013, § 15-4-3601 et seq.
Structure Arkansas Code
Chapter 5 - Revenue Stabilization Law
Subchapter 12 - Miscellaneous Funds Continued
§ 19-5-1205. Youth Services Facilities Needs Fund
§ 19-5-1206. Building Authority Division Real Estate Fund
§ 19-5-1209. Rural Physician Incentive Revolving Fund
§ 19-5-1211. Department of Labor and Licensing Special Fund
§ 19-5-1213. Arkansas Athletic Commission Fund
§ 19-5-1217. Computer and Electronic Recycling Fund
§ 19-5-1219. Department of Economic Development Super Projects Fund
§ 19-5-1220. Drug Prevention and Intervention Program Fund
§ 19-5-1221. Port Priority Improvement Fund
§ 19-5-1225. Nonpartisan Filing Fee Fund
§ 19-5-1227. Educational Adequacy Fund
§ 19-5-1228. Area Agencies on Aging Fund
§ 19-5-1229. Purchase and Corporate Travel Card Program Fund
§ 19-5-1230. UAMS Cancer Research Center Matching Fund
§ 19-5-1231. Economic Development Incentive Quick Action Closing Fund
§ 19-5-1232. Division of Workforce Services Unemployment Insurance Administration Fund
§ 19-5-1234. Division of Workforce Services Fund
§ 19-5-1235. Science, Technology, Engineering, and Math Fund
§ 19-5-1236. Technology Acceleration Fund
§ 19-5-1237. Innovate Arkansas Fund
§ 19-5-1238. Sustainable Building Design Revolving Loan Fund
§ 19-5-1239. Newborn Umbilical Cord Blood Initiative Fund
§ 19-5-1240. Minority and Women-Owned Business Loan Mobilization Revolving Fund
§ 19-5-1241. Trial Court Administrator Fund
§ 19-5-1242. Fire Protection Licensing Fund
§ 19-5-1243. Arkansas Acceleration Fund
§ 19-5-1244. Health Information Technology Fund
§ 19-5-1245. Arkansas Great Places Program Fund
§ 19-5-1246. County Juror Reimbursement Fund
§ 19-5-1247. County Voting System Grant Fund
§ 19-5-1248. Electrical Energy Advancement Program Fund
§ 19-5-1249. Alternative Motor Fuel Development Fund
§ 19-5-1250. Open Enrollment Public Charter School Capital Grant Program Fund
§ 19-5-1251. Open-Enrollment Public Charter School Facilities Loan Fund
§ 19-5-1252. Safe Harbor Fund for Sexually Exploited Children — Definition
§ 19-5-1253. Arkansas Port, Intermodal, and Waterway Development Grant Program Fund
§ 19-5-1254. New Markets Performance Guarantee Fund
§ 19-5-1255. Arkansas Unpaved Roads Program Fund
§ 19-5-1256. Arkansas Wireless Information Network Financing Fund
§ 19-5-1257. Workforce Initiative Act of 2015 Fund
§ 19-5-1258. Future Transportation Research Fund
§ 19-5-1259. Mandatory Publication Reimbursement Fund
§ 19-5-1260. Arkansas Children's Advocacy Center Fund
§ 19-5-1261. Human Trafficking Victim Support Fund — Definition
§ 19-5-1263. Restricted Reserve Fund
§ 19-5-1264. Arkansas River Navigation System Fund
§ 19-5-1265. Graduate Medical Education Fund
§ 19-5-1266. Immediate Disaster Response Fund