Browse Arkansas Code titles and sections
27-23-124. Commercial Driver License Fund.
Arkansas Code — all titles (historical 2020) · legal_authorities
27-23-124. Commercial Driver License Fund.
(a) There is hereby 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 “Commercial Driver License Fund” of the Revenue Division of the Department of Finance and Administration. The Commercial Driver License Fund shall consist of special revenues as set out in § 27-23-118, to be used to establish and maintain the Arkansas Commercial Driver License Program, and for other related purposes as required by the Secretary of the Department of Finance and Administration in carrying out the functions, powers, and duties of the division.
(b) On July 1, 1989, a loan to the Commercial Driver License Fund shall be made from the Budget Stabilization Trust Fund, in an amount or amounts to be determined by the Chief Fiscal Officer of the State, for the purpose of establishing the Arkansas Commercial Driver License Program. Loans to the Commercial Driver License Fund during the fiscal year ending June 30, 1990, shall be repaid to the Budget Stabilization Trust Fund on or before June 30, 1991. Provided, further loans to the Commercial Driver License Fund from the Budget Stabilization Trust Fund may be made after July 1, 1989. However, the loans made after July 1, 1990, must be repaid on or before the fiscal year in which the loans were made.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 27-23-124
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:27-23-124
Source file: gov.ar.code.title.27.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 0f0b3370f3765ff957eec0de48ca0315c14c88fe9dbdbaa4724407d9708d23e5
Source location: content.xml paragraph 10726
Stored source content
27-23-124. Commercial Driver License Fund.
(a) There is hereby 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 “Commercial Driver License Fund” of the Revenue Division of the Department of Finance and Administration. The Commercial Driver License Fund shall consist of special revenues as set out in § 27-23-118, to be used to establish and maintain the Arkansas Commercial Driver License Program, and for other related purposes as required by the Secretary of the Department of Finance and Administration in carrying out the functions, powers, and duties of the division.
(b) On July 1, 1989, a loan to the Commercial Driver License Fund shall be made from the Budget Stabilization Trust Fund, in an amount or amounts to be determined by the Chief Fiscal Officer of the State, for the purpose of establishing the Arkansas Commercial Driver License Program. Loans to the Commercial Driver License Fund during the fiscal year ending June 30, 1990, shall be repaid to the Budget Stabilization Trust Fund on or before June 30, 1991. Provided, further loans to the Commercial Driver License Fund from the Budget Stabilization Trust Fund may be made after July 1, 1989. However, the loans made after July 1, 1990, must be repaid on or before the fiscal year in which the loans were made.
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
27-23-118. Distribution of fees.
(a) The fee set out in § 27-23-110(a) shall be deposited as special revenues into the State Treasury and distributed as follows:
(1) Twenty dollars ($20.00) shall be deposited to the credit of the Revenue Division of the Department of Finance and Administration into the Commercial Driver License Fund;
(2) One dollar ($1.00) of the fee shall be distributed in the same manner as set out in § 27-16-801(g); and
(3) The remaining twenty dollars ($20.00) of the fee shall be distributed in the same manner as set out in § 27-16-801(d).
(b) The fee set out in § 27-23-117(2) shall be deposited as special revenues into the State Treasury and distributed as follows:
(1) Four dollars ($4.00) of the fee shall be deposited to the credit of the Revenue Division of the Department of Finance and Administration into the Commercial Driver License Fund; and
(2) The remaining six dollars ($6.00) of the fee shall be deposited to the credit of the State Highway and Transportation Department Fund for distribution as provided in the Arkansas Highway Revenue Distribution Law, § 27-70-201 et seq.
(c) The fee set out in § 27-23-117(3) shall be deposited as special revenues into the State Treasury and distributed as follows:
(1) One dollar ($1.00) of the fee shall be deposited to the credit of the Revenue Division of the Department of Finance and Administration into the Commercial Driver License Fund;
(2) Six dollars ($6.00) of the fee shall be deposited to the credit of the State Highway and Transportation Department Fund for distribution as provided in the Arkansas Highway Revenue Distribution Law, § 27-70-201 et seq.; and
(3) The remaining one dollar and fifty cents ($1.50) of the fee shall be deposited to the credit of the Division of Arkan
Source: Arkansas Code — historical release 78 (November 6, 2020) · 27-23-118
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 27-23-118. This identifies an authority to review, not proof of applicability.