§ 19-12-202. Legislative findings, intent, and purpose
(a) The General Assembly finds that: (1) Cancer is one of the leading health problems and causes of death in the state; (2) There is an immediate need for additional facilities to support research in the cause, treatment, and prevention of various types of cancer; (3) Because the Arkansas Cancer Research Center of the University […]
§ 19-12-106. Issuance of tobacco settlement revenue bonds by Arkansas Development Finance Authority
(a) The Arkansas Development Finance Authority (“ADFA”) is hereby directed and authorized to issue Tobacco Settlement Revenue Bonds, the proceeds of which are to be used for financing the Capital Improvement Projects described in § 19-12-106(b). The Bonds may be issued in series from time to time, and shall be special obligations only of ADFA, […]
§ 19-12-107. Creation and administration of Arkansas Healthy Century Trust Fund
(a) There is hereby created and established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State, a trust fund, to be created as a public trust for the benefit of the State of Arkansas, to be known as the “Arkansas Healthy Century Trust Fund”, […]
§ 19-12-108. Creation and administration of the Tobacco Settlement Program Fund
(a) There is hereby created and established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a trust fund to be known as the “Tobacco Settlement Program Fund”, which fund shall be administered by the State Board of Finance. All moneys deposited into the […]
§ 19-12-101. Title
This chapter may be referred to and cited as the “Tobacco Settlement Proceeds Act”.