§ 19-12-101. Title
This chapter may be referred to and cited as the “Tobacco Settlement Proceeds Act”.
§ 19-12-102. Definitions
(a) The following terms, as used in this chapter, shall have the meanings set forth in this section: (1) “Act” shall mean this Arkansas Tobacco Settlement Funds Act of 2000. (2) “ADFA” shall mean the Arkansas Development Finance Authority. (3) “Arkansas Biosciences Institute” shall mean the Arkansas Biosciences Institute created by § 19-12-115. (4) “Arkansas […]
§ 19-12-103. Grant of authority to State Board of Finance
The State Board of Finance is hereby authorized and directed to perform the following duties with respect to the Tobacco Settlement: (a) The State Board of Finance is authorized and directed on behalf of the State of Arkansas to receive all authorized disbursements from the MSA Escrow. The Initial MSA Disbursement and each subsequent MSA […]
§ 19-12-104. Creation and administration of Tobacco Settlement Cash Holding Fund
(a) There is hereby created and established a fund, held separate and apart from the State Treasury, to be known as the “Tobacco Settlement Cash Holding Fund”, which fund shall be administered by the State Board of Finance. (b) All moneys received as part of the Tobacco Settlement are hereby designated cash funds pursuant to […]
§ 19-12-105. Creation and administration of Tobacco Settlement Debt Service Fund
(a) There is hereby created and established a fund, designated as a cash fund and held separate and apart from the State Treasury, to be known as the “Tobacco Settlement Debt Service Fund”, which Fund shall be administered by the State Board of Finance. All moneys deposited into the Tobacco Settlement Debt Service Fund are […]
§ 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 […]
§ 19-12-109. Creation of Prevention and Cessation Program Account
(a) There is hereby created a trust fund on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State within the Tobacco Settlement Program Fund maintained by the State Board of Finance, an account to be known as the “Prevention and Cessation Program Account”. The account […]
§ 19-12-110. Creation of the Targeted State Needs Program Account
(a) There is hereby created a trust fund on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State, within the Tobacco Settlement Program Fund maintained by the State Board of Finance, an account to be known as the “Targeted State Needs Program Account”. Such account […]
§ 19-12-111. Creation of Arkansas Biosciences Institute Program Account
(a) There is hereby created a trust fund on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State, within the Tobacco Settlement Program Fund maintained by the State Board of Finance, an account to be known as the Arkansas Biosciences Institute Program Account. Such account […]
§ 19-12-112. Creation of Medicaid Expansion Program Account
(a) There is hereby created a trust fund on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State, within the Tobacco Settlement Program Fund maintained by the State Board of Finance, an account to be known as the “Medicaid Expansion Program Account”. Such account shall […]
§ 19-12-113. Establishment and administration of prevention and cessation programs
(a) It is the intent of this chapter that the Department of Health should establish the Tobacco Prevention and Cessation Program described in this section, and to administer such programs in accordance with law. The program described in this section shall be administered pursuant to a strategic plan encompassing the elements of a mission statement, […]
§ 19-12-114. Establishment and administration of the Targeted State Needs Program
(a) The University of Arkansas for Medical Sciences is hereby instructed to establish the Targeted State Needs Programs described in this section, and to administer such programs in accordance with law. (b) The targeted state needs programs to be established are as follows: (1) College of Public Health of the University of Arkansas for Medical […]
§ 19-12-115. Establishment and administration of the Arkansas Biosciences Institute
(a) It is the intent of this chapter to hereby establish the Arkansas Biosciences Institute for the educational and research purposes set forth hereinafter to encourage and foster the conduct of research through the University of Arkansas, Division of Agriculture of the University of Arkansas, the University of Arkansas for Medical Sciences, University of Arkansas […]
§ 19-12-116. Establishment and administration of Medicaid Expansion Program
(a) It is the intent of this chapter that the Department of Human Services should establish the Medicaid Expansion Program described in this section, and to administer such program in accordance with law. (b) (1) The Medicaid Expansion Program shall be a separate and distinct component of the Arkansas Medicaid Program currently administered by the […]
§ 19-12-117. Establishment of the Arkansas Tobacco Settlement Commission
(a) There is hereby created and recognized the Arkansas Tobacco Settlement Commission, which shall be composed of the following: (1) The Director of the Arkansas Economic Development Commission or his or her designee; (2) The Commissioner of Elementary and Secondary Education or his or her designee; (3) The Director of the Division of Higher Education […]
§ 19-12-118. Monitoring and evaluation of programs
(a) The Arkansas Tobacco Settlement Commission is directed to conduct monitoring and evaluation of the programs established in §§ 19-12-113 — 19-12-116 to ensure optimal impact on improving the health of Arkansans and fiscal stewardship of the Tobacco Settlement. The commission shall develop performance indicators to monitor programmatic functions that are state-specific and situation-specific and […]
§ 19-12-119. Use of funds for the Medicaid Expansion Program Account
(a) In addition to the purposes enumerated in § 19-12-116 for the Medicaid expansion program, the funds made available to the Medicaid Expansion Program Account may also be used to supplement current general revenues as approved by the Governor and the Chief Fiscal Officer of the State for the Arkansas Medicaid Program. (b) None of […]