Disbursement of revenues

  1. Law
  2. Arkansas Code
  3. State Government
  4. Arkansas Computer and Electronic Solid Waste Management
  5. Disbursement of revenues

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Funds generated from the sale of agency surplus computer and electronic equipment to state employees, public schools, or by other sale shall be allocated as follows:

  1. (1) If the sale of surplus computer or electronic equipment is made within the agency:

    1. (A) Sixty percent (60%) of the proceeds shall be returned to the owning agency;

    2. (B) Fifteen percent (15%) of the proceeds shall be deposited with the Marketing and Redistribution Section of the Office of State Procurement of the Department of Finance and Administration; and

    3. (C) Twenty-five percent (25%) of the proceeds shall be deposited in the Computer and Electronic Recycling Fund established by this chapter;

  2. (2) If the sale of surplus computer or electronic equipment is outside the agency and conducted by the Marketing and Redistribution Section:

    1. (A) Fifty percent (50%) of the proceeds shall be returned to the owning agency;

    2. (B) Twenty-five percent (25%) of the proceeds shall be deposited with the Marketing and Redistribution Section; and

    3. (C) Twenty-five percent (25%) of the proceeds shall be deposited in the Computer and Electronic Recycling Fund established by this chapter and § 19-5-1217.


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