Browse Arkansas Code titles and sections
11-10-1004. Authorization — Purposes.
Arkansas Code — all titles (historical 2020) · legal_authorities
11-10-1004. Authorization — Purposes.
(a) The Arkansas Development Finance Authority is authorized, subject to the approval of the voters in a statewide election, to issue bonds to be known as the Arkansas Unemployment Trust Fund Bonds in an aggregate principal amount not to exceed five hundred million dollars ($500,000,000).
(b) The purpose of the bond issuance shall be to:
(1) Repay the principal of and interest on advances from the federal trust fund under Title XII of the Social Security Act, 42 U.S.C. § 1321;
(2) Pay the costs of issuance of the bonds including without limitation the costs of bond insurance or other credit enhancement;
(3) Pay unemployment benefits by depositing bond proceeds into the Unemployment Compensation Fund;
(4) Provide a debt service reserve; and
(5) Pay capitalized interest on the bonds for a period not to exceed two (2) years.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 11-10-1004
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:11-10-1004
Source file: gov.ar.code.title.11.odt
Pages: Not recorded – Not recorded
Passage SHA-256: e6204ed1f55029308370046237364072744d9336da5f0fcc08eebd774235a365
Source location: content.xml paragraph 14095
Stored source content
11-10-1004. Authorization — Purposes.
(a) The Arkansas Development Finance Authority is authorized, subject to the approval of the voters in a statewide election, to issue bonds to be known as the Arkansas Unemployment Trust Fund Bonds in an aggregate principal amount not to exceed five hundred million dollars ($500,000,000).
(b) The purpose of the bond issuance shall be to:
(1) Repay the principal of and interest on advances from the federal trust fund under Title XII of the Social Security Act, 42 U.S.C. § 1321;
(2) Pay the costs of issuance of the bonds including without limitation the costs of bond insurance or other credit enhancement;
(3) Pay unemployment benefits by depositing bond proceeds into the Unemployment Compensation Fund;
(4) Provide a debt service reserve; and
(5) Pay capitalized interest on the bonds for a period not to exceed two (2) years.
Cross-references
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Federal law — U.S. Code and appendices · legal_authorities
**(a)**
(1) Advances shall be made to the States from the Federal unemployment account in the Unemployment Trust Fund as provided in this section, and shall be repayable, with interest to the extent provided in [section 1322(b) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title42-section1322/b&num=0&edition=prelim), in the manner provided in sections 1101(d)(1), 1103(b)(2), and 1322 of this title. An advance to a State for the payment of compensation in any 3-month period may be made if—
(A) the Governor of the State applies therefor no earlier than the first day of the month preceding the first month of such 3-month period, and
(B) he furnishes to the Secretary of Labor his estimate of the amount of an advance which will be required by the State for the payment of compensation in each month of such 3-month period.
(2) In the case of any application for an advance under this section to any State for any 3-month period, the Secretary of Labor shall—
(A) determine the amount (if any) which he finds will be required by such State for the payment of compensation in each month of such 3-month period, and
(B) certify to the Secretary of the Treasury the amount (not greater than the amount estimated by the Governor of the State) determined under subparagraph (A).
The aggregate of the amounts certified by the Secretary of Labor with respect to any 3-month period shall not exceed the amount which the Secretary of the Treasury reports to the Secretary of Labor is available in the Federal unemployment account for advances with respect to each month of such 3-month period.
(3) For purposes of this subsection—
(A) an application for an advance shall be made on such forms, and shall contain such information and data (fiscal and other
Source: Supplied U.S. Code snapshot — release unconfirmed · 42 U.S.C. § 1321
Stored review status: release_metadata_unconfirmed. The source passage cites 42 U.S.C. § 1321. This identifies an authority to review, not proof of applicability.
Federal law — U.S. Code and appendices · legal_authorities
Page 2788
TITLE 42—THE PUBLIC HEALTH AND WELFARE
§ 1320f–7
1 So in original. The word ‘‘and’’ probably should not appear.
2 So in original. Probably should be preceded by ‘‘, and’’.
3 So in original.
to a civil monetary penalty under this section in
the same manner as such provisions apply to a
penalty or proceeding under section 1320a–7a(a)
of this title.
(Aug. 14, 1935, ch. 531, title XI, § 1197, as added
and amended Pub. L. 117–169, title I, §§ 11001(a),
11002(a)(4), Aug. 16, 2022, 136 Stat. 1850, 1861.)
Editorial Notes
AMENDMENTS
2022—Subsecs. (b) to (e). Pub. L. 117–169, § 11002(a)(4),
added subsec. (b) and redesignated former subsecs. (b)
to (d) as (c) to (e), respectively.
§ 1320f–7. Limitation on administrative and judi-
cial review
There shall be no administrative or judicial
review of any of the following:
(1) The determination of a unit, with respect
to a drug or biological product, pursuant to
section 1320f(c)(6) of this title.
(2) The selection of drugs under section
1320f–1(b) of this title, the determination of ne-
gotiation-eligible
drugs
under
section
1320f–1(d) of this title, and 1 the determination
of qualifying single source drugs under section
1320f–1(e) of this title the 2 application of sec-
tion 1320f–1(f) of this title,.3
(3) The determination of a maximum fair
price under subsection (b) or (f) of section
1320f–3 of this title.
(4) The determination of renegotiation-eligi-
ble drugs under section 1320f–3(f)(2) of this
title and the selection of renegotiation-eligi-
ble drugs under section 1320f–3(f)(3) of this
title.
(Aug. 14, 1935, ch. 531, title XI, § 1198, as added
and amended Pub. L. 117–169, title I, §§ 11001(a),
11002(a)(5), Aug. 16, 2022, 136 Stat. 1851, 1861.)
Editorial Notes
AMENDMENTS
2022—Par. (2)
Source: Supplied 2024 U.S. Code historical extraction · 42 U.S.C. § 1321
Stored review status: historical_2024_not_currentness_verified. The source passage cites 42 U.S.C. § 1321. This identifies an authority to review, not proof of applicability.