(a) There is created 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 'Water Performance Bond Fund'.(b) The fund shall consist of the following:(1) Funds appropriated by the General Assembly;(2) All forfeitures collected under § 8-4-201 et seq.;(3) Grants made by a person or the United States Government;(4) Gifts and donations; and(5) Interest earned on the moneys deposited into the fund.(c) The fund shall be used by the Division of Environmental Quality to hire a third-party contractor to:(1) Take remedial action, including without limitation corrective action, the closure of a nonmunicipal domestic sewage treatment works, and any other action the Director of the Division of Environmental Quality determines to be necessary; or(2) Maintain and operate a nonmunicipal domestic sewage treatment works.Amended by Act 2019, No. 910,§ 3199, eff. 7/1/2019.Amended by Act 2017, No. 263,§ 3, eff. 8/1/2017.Added by Act 2013, No. 402,§ 3, eff. 8/16/2013.
Arkansas Legal Code