Browse Arkansas Code titles and sections
15-5-318. Primary administration of federal allocations of private activity and governmental volume cap.
Arkansas Code — all titles (historical 2020) · legal_authorities
15-5-318. Primary administration of federal allocations of private activity and governmental volume cap.
(a)(1) Except as provided in subsection (b) of this section, the Arkansas Development Finance Authority is hereby recognized as the primary administrator of federal allocations of private activity and governmental volume cap that are and may be allocated to the State of Arkansas by the United States Department of the Treasury.
(2) All plans, policies, and procedures developed for the administration of volume cap allocations will be subject to the Arkansas Administrative Procedure Act, § 25-15-201 et seq.
(b) This section shall not apply to § 15-5-601 et seq.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-5-318
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:15-5-318
Source file: gov.ar.code.title.15.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 0591c19e8e9d36ada54002cbb3c07d976f0711c3236496da54a319dc14221d5c
Source location: content.xml paragraph 7884
Stored source content
15-5-318. Primary administration of federal allocations of private activity and governmental volume cap.
(a)(1) Except as provided in subsection (b) of this section, the Arkansas Development Finance Authority is hereby recognized as the primary administrator of federal allocations of private activity and governmental volume cap that are and may be allocated to the State of Arkansas by the United States Department of the Treasury.
(2) All plans, policies, and procedures developed for the administration of volume cap allocations will be subject to the Arkansas Administrative Procedure Act, § 25-15-201 et seq.
(b) This section shall not apply to § 15-5-601 et seq.
Cross-references
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Arkansas Code — all titles (historical 2020) · legal_authorities
15-5-601. Bonds affected — Definitions.
(a) This subchapter shall be effective for the calendar year 2001 and thereafter and may be relied upon by issuers of affected bonds, beneficiaries of the proceeds from and owners of the bonds, and other participants in the issuance of the bonds with respect to all affected bonds issued on and after January 1, 2001.
(b) As used in this subchapter:
(1) “Affected bonds” means bonds subject to the state ceiling; and
(2) “Qualified housing issues” shall have the same meaning as used in 26 U.S.C. § 146(d)(5)(B)(ii), as it existed on January 1, 2009;
(3) “State ceiling” shall have the same meaning as used in 26 U.S.C. § 146, as it existed on January 1, 2001; and
(4) “2008 Housing Act Volume Cap” means the temporary increase in annual private activity volume cap provided to the state by the Housing and Economic Recovery Act of 2008, Pub. L. No. 110-289.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 15-5-601
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 15-5-601. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
25-15-201. Title.
This subchapter shall be known and cited as the “Arkansas Administrative Procedure Act”.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 25-15-201
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 25-15-201. This identifies an authority to review, not proof of applicability.