Notwithstanding the provisions of § 19-5-501 et seq., or any law to the contrary, up to two million dollars ($2,000,000) received by the Public School Fund from the Budget Stabilization Trust Fund either by loan or transfer during the 1996-1997 fiscal year, shall be repaid from time to time by transfer by the Treasurer of State from either the Public School Support Fund or the Public School Fund, or its appropriate fund account, solely from revenues generated by the income tax surcharge levied by § 6-20-312(c) [repealed] after the provisions of § 19-6-481(b) [repealed] have been achieved.
Structure Arkansas Code
Subtitle 2 - Elementary and Secondary Education Generally
Subchapter 2 - Management and Apportionment of Funds Generally
§ 6-20-203. Public School Fund — Creation and management
§ 6-20-204. Public School Fund — Sources and purpose
§ 6-20-205. Public School Fund — Arkansas History Textbook Revolving Fund
§ 6-20-206. Public School Fund — Priority of funding
§ 6-20-211. Public School Fund — Carryover balances
§ 6-20-215. General school fund — Sources generally
§ 6-20-216. General school fund — Apportionment generally
§ 6-20-217. General school fund — Funds of doubtful application
§ 6-20-221. County treasurer's commission on school funds — Exceptions
§ 6-20-222. Deposit of school funds — Security
§ 6-20-223. Noncredit remedial courses