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25-34-108. Disbursement of revenues.
Arkansas Code — all titles (historical 2020) · legal_authorities
25-34-108. Disbursement of revenues.
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) If the sale of surplus computer or electronic equipment is made within the agency:
(A) Sixty percent (60%) of the proceeds shall be returned to the owning agency;
(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
(C) Twenty-five percent (25%) of the proceeds shall be deposited in the Computer and Electronic Recycling Fund established by this chapter;
(2) If the sale of surplus computer or electronic equipment is outside the agency and conducted by the Marketing and Redistribution Section:
(A) Fifty percent (50%) of the proceeds shall be returned to the owning agency;
(B) Twenty-five percent (25%) of the proceeds shall be deposited with the Marketing and Redistribution Section; and
(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.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 25-34-108
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:25-34-108
Source file: gov.ar.code.title.25.odt
Pages: Not recorded – Not recorded
Passage SHA-256: e5d93cb3492daf1f6ec38b47fa7f878389cf4fe232e1b7fc62628087703cccbd
Source location: content.xml paragraph 10896
Stored source content
25-34-108. Disbursement of revenues.
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) If the sale of surplus computer or electronic equipment is made within the agency:
(A) Sixty percent (60%) of the proceeds shall be returned to the owning agency;
(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
(C) Twenty-five percent (25%) of the proceeds shall be deposited in the Computer and Electronic Recycling Fund established by this chapter;
(2) If the sale of surplus computer or electronic equipment is outside the agency and conducted by the Marketing and Redistribution Section:
(A) Fifty percent (50%) of the proceeds shall be returned to the owning agency;
(B) Twenty-five percent (25%) of the proceeds shall be deposited with the Marketing and Redistribution Section; and
(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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Arkansas Code — all titles (historical 2020) · legal_authorities
19-5-1217. Computer and Electronic Recycling Fund.
(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the “Computer and Electronic Recycling Fund”.
(b) The fund shall be administered by the Division of Environmental Quality and may be used to:
(1) Promote market research and development grants to determine the most efficient means of collecting, transporting, and processing scrap electronic equipment;
(2) Work with the Department of Finance and Administration and the Marketing and Redistribution Section to establish statewide contracts for computer and electronics recycling and demanufacturing businesses; and
(3) Support and fund other measures necessary to implement and promote the recycling, donation, demanufacturing, or disposal options for computers and electronic equipment.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 19-5-1217
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 19-5-1217. This identifies an authority to review, not proof of applicability.