§ 8-12-101. Title

This chapter may be known and may be cited as the “Natural Resources Damages Trust Fund Act”.

§ 8-12-102. Definitions

As used in this chapter, unless the context otherwise requires: (1) “Board” means the Natural Resources Damages Advisory Board; (2) “Fund” means the Natural Resources Damages Trust Fund created by this chapter; and (3) “Natural resources” means land, fish, wildlife, biota, air, surface water, groundwater, drinking water supplies, and other such resources belonging to, managed […]

§ 8-12-103. Natural Resources Damages Trust Fund

(a) (1) There is 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 “Natural Resources Damages Trust Fund”. (2) In addition to all moneys appropriated by the General Assembly to the fund, there shall be […]

§ 8-12-104. Natural Resources Damages Advisory Board

(a) There is hereby created and established a Natural Resources Damages Advisory Board. (b) The board shall be composed of seven (7) members: (1) One (1) member shall be a representative from the Arkansas Farm Bureau Federation; (2) One (1) member shall be a representative from the Arkansas Natural Resources Commission; (3) One (1) member […]

§ 8-12-105. Duties of the Department of Finance and Administration

(a) The Department of Finance and Administration shall administer the Natural Resources Damages Trust Fund, as authorized by the Natural Resources Damages Advisory Board. (b) The department shall undertake the following activities, as authorized by the board: (1) Develop and issue requests for proposals; (2) Award grants for projects relating to natural resource restoration, rehabilitation, […]