Social Innovation Fund

  1. Law
  2. Arkansas Code
  3. Public Finance
  4. Revenue Stabilization Law
  5. Trust Funds Continued
  6. Social Innovation Fund

Checkout our iOS App for a better way to browser and research.

  1. (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 “Social Innovation Fund”.

  2. (b) The fund shall consist of:

    1. (1) Any loans, investments, or other amounts received by the Department of Community Correction under the Pay-for-Success Act, § 12-27-201 et seq.;

    2. (2) Grants made by any person or federal government agency; and

    3. (3) Any other funds authorized or provided by law.

  3. (c) The fund shall be used by the department to make any payments required under the Pay-for-Success Act, § 12-27-201 et seq.


Download our app to see the most-to-date content.