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15-22-1301. Water resources — Bonds.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-22-1301. Water resources — Bonds.
The Arkansas Natural Resources Commission may issue revenue bonds from time to time whether or not the interest on the bonds is subject to federal income taxation to provide:
(1) Funds for the:
(A) Construction Assistance Revolving Loan Fund established by § 15-5-901;
(B) Safe Drinking Water Fund established by § 15-22-1102;
(C) Arkansas Water Development Fund established by § 15-22-507;
(D) Water, Sewer, and Solid Waste Systems Revolving Fund established by § 19-5-310; and
(E) Arkansas Water Resources Cost Share Revolving Fund established by § 15-22-808; and
(2) Financing all or a portion of the costs of:
(A) Water systems;
(B) Wastewater systems;
(C) Solid and hazardous waste facilities;
(D) Recycling facilities;
(E) Nonpoint source pollution management programs;
(F) Wetland conservation and management plans;
(G) Irrigation systems;
(H) Flood control and drainage systems;
(I) Water conservation projects and facilities;
(J) Navigation systems, including port facilities;
(K) Land and water reclamation projects; and
(L) Other environmental or water development projects.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-22-1301
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:15-22-1301
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 19f42981ea52bfe4f6e1a88a65791716c3de3548785ed1df3a3aab22d0235e1b
Source location: content.xml paragraph 17024
Stored source content
15-22-1301. Water resources — Bonds.
The Arkansas Natural Resources Commission may issue revenue bonds from time to time whether or not the interest on the bonds is subject to federal income taxation to provide:
(1) Funds for the:
(A) Construction Assistance Revolving Loan Fund established by § 15-5-901;
(B) Safe Drinking Water Fund established by § 15-22-1102;
(C) Arkansas Water Development Fund established by § 15-22-507;
(D) Water, Sewer, and Solid Waste Systems Revolving Fund established by § 19-5-310; and
(E) Arkansas Water Resources Cost Share Revolving Fund established by § 15-22-808; and
(2) Financing all or a portion of the costs of:
(A) Water systems;
(B) Wastewater systems;
(C) Solid and hazardous waste facilities;
(D) Recycling facilities;
(E) Nonpoint source pollution management programs;
(F) Wetland conservation and management plans;
(G) Irrigation systems;
(H) Flood control and drainage systems;
(I) Water conservation projects and facilities;
(J) Navigation systems, including port facilities;
(K) Land and water reclamation projects; and
(L) Other environmental or water development projects.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-22-1102. Creation — Terms and conditions for expenditures — Special accounts.
(a)(1) There is established on the books of the Arkansas Natural Resources Commission a special restricted fund to be known as the “Safe Drinking Water Fund”, which shall be maintained in perpetuity and administered by the commission and the Department of Health under this subchapter for the purposes stated in this subchapter.
(2) The following shall be deposited into the Safe Drinking Water Fund:
(A) Grants from the federal government or its agencies allotted to the state for capitalization of the Safe Drinking Water Fund;
(B) State matching grants when required;
(C) Proceeds of bonds issued by the commission or the Arkansas Development Finance Authority for capitalization of the Safe Drinking Water Fund;
(D) Principal, interest, and premiums on loans provided; and
(E) Bonds, notes, and other evidences of indebtedness purchased with moneys in the Safe Drinking Water Fund.
(3) The commission may deposit loans made to and bonds, notes, and other evidences of indebtedness issued by owners to finance or refinance the planning, design, acquisition, construction, expansion, equipping, rehabilitation, or consolidation of water systems or parts of water systems into the Safe Drinking Water Fund.
(b) Moneys in the Safe Drinking Water Fund shall be expended in a manner consistent with the terms and conditions of applicable federal and state capitalization grants and may be used:
(1) To provide loans for the planning, design, acquisition, construction, expansion, equipping, rehabilitation, consolidation, or refinancing of water systems or parts of water systems;
(2) Subject to subsections (c)-(e) of this section and subject to the approval of the commission, to secure the paymen
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-22-1102
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. The source passage cites 15-22-1102. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-22-507. Arkansas Water Development Fund.
(a) The Arkansas Natural Resources Commission is authorized to establish, maintain, and administer the “Arkansas Water Development Fund”, which shall be used for the payment of any water development project costs set out in § 15-22-506 and to discharge obligations pertaining to the principal of and interest on any water development bond issued by the commission.
(b) The fund may consist of the following:
(1) Cash funds, from whatever source received, on deposit by the commission in any one (1) or more banks qualifying for the deposit of public funds;
(2) Savings accounts in any one (1) or more banks qualifying for such deposits of public funds; and
(3) Bonds of the United States.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-22-507
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. The source passage cites 15-22-507. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-5-901. Fund — Establishment — Uses — Accounts.
(a)(1)(A) There is established on the books of the Arkansas Natural Resources Commission a special restricted fund to be known as the “Construction Assistance Revolving Loan Fund”.
(B) The Construction Assistance Revolving Loan Fund shall be maintained in perpetuity and administered by the commission for the purposes stated in this subchapter.
(2) Grants from the United States Government or its agencies allotted to the state for capitalization of the Construction Assistance Revolving Loan Fund, state matching grants when required, proceeds of bonds issued by the commission or the Arkansas Development Finance Authority for capitalization of the Construction Assistance Revolving Loan Fund, principal, interest, and premiums on loans provided, and bonds, notes, and other evidences of indebtedness purchased with moneys in the Construction Assistance Revolving Loan Fund shall be deposited into the Construction Assistance Revolving Loan Fund.
(3) The commission may deposit loans made to and bonds, notes, and other evidences of indebtedness issued by local governmental entities and other owners of environmental projects to finance or refinance the planning, design, acquisition, construction, expansion, equipping, rehabilitation, or consolidation of wastewater systems, water systems, solid and hazardous waste facilities, recycling facilities, nonpoint source management facilities, wetlands conservation and management facilities, and other environmental projects or parts of environmental projects into the Construction Assistance Revolving Loan Fund.
(b) Moneys in the Construction Assistance Revolving Loan Fund shall be expended in a manner consistent with the terms and conditions of applicable federal and state capitaliz
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-5-901
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. The source passage cites 15-5-901. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
19-5-310. Water, Sewer, and Solid Waste Systems Revolving Fund.
A special fund entitled the “Water, Sewer, and Solid Waste Systems Revolving Fund” is created to provide a depository for funds which may be appropriated or otherwise secured for the purposes of matching or supplementing federal grants and loans. The Water, Sewer, and Solid Waste Systems Revolving Fund shall be used to provide low interest loans to cities, towns, counties, and other eligible applicants. Funds from the repayment of loans made from the Water, Sewer, and Solid Waste Systems Revolving Fund shall return to the Water, Sewer, and Solid Waste Systems Revolving Fund and shall be reloaned in a manner which is consistent with the purposes of this section.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 19-5-310
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. The source passage cites 19-5-310. This identifies an authority to review, not proof of applicability.