Arkansas Works Program Trust Fund

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

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  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 “Arkansas Works Program Trust Fund”.

  2. (b) The fund shall consist of:

    1. (1) Moneys saved and accrued under the Arkansas Works Act of 2016, § 23-61-1001 et seq., including without limitation:

      1. (A) Increases in premium tax collections; and

      2. (B) Other spending reductions resulting from the Arkansas Works Act of 2016, § 23-61-1001 et seq.; and

    2. (2) Other revenues and funds authorized by law.

  3. (c) The Department of Human Services shall use the fund to pay for future obligations under the Arkansas Works Program created by the Arkansas Works Act of 2016, § 23-61-1001 et seq.


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