Browse Arkansas Code titles and sections
25-4-121. Division of Information Systems Revolving Fund.
Arkansas Code — all titles (historical 2020) · legal_authorities
25-4-121. Division of Information Systems Revolving Fund.
(a) There is created and established on the books of the Treasurer of State, the Auditor of State, and the Department of Finance and Administration the Division of Information Systems Revolving Fund.
(b) The Division of Information Systems Revolving Fund shall consist of nonrevenue receipts derived from services provided to various agencies of the federal, state, city, and county governments, and any other moneys which may be provided by law for credit to the Division of Information Systems Revolving Fund.
(c) All revenues received by the Division of Information Systems for providing information technology services shall be deposited into the State Treasury as nonrevenue receipts, there to be used for the maintenance, operation, and improvement of the division.
(d) All revenues received from agencies or other governmental entities for information technology services provided by contracts between the division and outside vendors may be deposited into the State Treasury as refund to expenditures.
(e) Subject to the written approval of the Chief Fiscal Officer of the State upon written application of the division and review by the Legislative Council, the Director of the Division of Information Systems shall have the authority to transfer funds between the Information Technology Reserve Fund established by §§ 19-5-1056 and 25-4-123 and the Division of Information Systems Revolving Fund established under this section for cash management purposes.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 25-4-121
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.
Issuing source page ↗
Authority boundary: historical statutory source snapshot not current law.
Open the recorded source website ↗
Record provenance
Stable record: arkansas_code:legal_authorities:25-4-121
Source file: gov.ar.code.title.25.odt
Pages: Not recorded – Not recorded
Passage SHA-256: c47dbf7e9b856f83669dfdb60ecc15741f867de189b5d4853b9587e1ad56703b
Source location: content.xml paragraph 1804
Stored source content
25-4-121. Division of Information Systems Revolving Fund.
(a) There is created and established on the books of the Treasurer of State, the Auditor of State, and the Department of Finance and Administration the Division of Information Systems Revolving Fund.
(b) The Division of Information Systems Revolving Fund shall consist of nonrevenue receipts derived from services provided to various agencies of the federal, state, city, and county governments, and any other moneys which may be provided by law for credit to the Division of Information Systems Revolving Fund.
(c) All revenues received by the Division of Information Systems for providing information technology services shall be deposited into the State Treasury as nonrevenue receipts, there to be used for the maintenance, operation, and improvement of the division.
(d) All revenues received from agencies or other governmental entities for information technology services provided by contracts between the division and outside vendors may be deposited into the State Treasury as refund to expenditures.
(e) Subject to the written approval of the Chief Fiscal Officer of the State upon written application of the division and review by the Legislative Council, the Director of the Division of Information Systems shall have the authority to transfer funds between the Information Technology Reserve Fund established by §§ 19-5-1056 and 25-4-123 and the Division of Information Systems Revolving Fund established under this section for cash management purposes.
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
19-5-1056. Information Technology Reserve 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 “Information Technology Reserve Fund”.
(b)(1) The Information Technology Reserve Fund shall consist of those funds transferred from the Division of Information Systems Revolving Fund in an amount up to the authorized reserve for equipment acquisition as certified by the Chief Fiscal Officer of the State within thirty (30) days following the closing of each fiscal year, any loans which may be received from the Budget Stabilization Trust Fund, and any other moneys which may be provided by law.
(2) The Information Technology Reserve Fund shall be used exclusively for major equipment acquisitions or improvements as set out in § 25-4-122.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 19-5-1056
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 19-5-1056. This identifies an authority to review, not proof of applicability.
Arkansas Code — all titles (historical 2020) · legal_authorities
25-4-123. Information Technology Reserve Fund.
(a) There is established on the books of the Treasurer of State, Auditor of State, and Chief Fiscal Officer of the State a fund to be known as the “Information Technology Reserve Fund”.
(b) This fund shall consist of those funds transferred from the Division of Information Systems Revolving Fund in an amount up to the authorized reserve for equipment acquisition as certified by the Chief Fiscal Officer of the State within thirty (30) days following the closing of each fiscal year, any loans which may be received from the Budget Stabilization Trust Fund, and any other moneys which may be provided by law, there to be used exclusively for major equipment acquisitions or improvements as set out in § 25-4-122.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 25-4-123
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 25-4-123. This identifies an authority to review, not proof of applicability.