Arkansas Supplemental Digital Product and Motion Picture Industry Development Trust Fund.
Ark. Code Ann. § 19-5-1154
in effect(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 “Arkansas Supplemental Digital Product and Motion Picture Industry Development Trust Fund”.
(b) The Arkansas Supplemental Digital Product and Motion Picture Industry Development Trust Fund shall consist of:
(1) Grants, donations, or transfers made by any person or government agency or office;
(2) Any remaining balances in the fund carried forward from year to year; and
(3) Any other moneys authorized or provided by law.
(c) The fund shall be used to offset the costs of supplemental digital product and motion picture incentive act tax credits allowed under § 15-4-2014, as follows:
(1)(A) At the request of the Secretary of the Department of Commerce, the Secretary of the Department of Finance and Administration shall certify to the Arkansas Economic Development Commission the amount in the fund.
(B) The amount certified under subdivision (c)(1)(A) of this section is the maximum amount of supplemental digital product and motion picture industry development tax credits that may be approved; and
(2) On the first day of the month following the certification in subdivision (c)(1), the Treasurer of State shall transfer the amount certified under subdivision (c)(1) of this section to the General Revenue Fund Account of the State Apportionment Fund to be distributed as authorized under § 19-5-202(b)(2)(B)(iii).
Source: Public.Resource.Org / UniCourt, Official Code of Arkansas Annotated, Release 78 (2020) (unicourt.github.io/cic-code-ar)URL: https://unicourt.github.io/cic-code-ar/transforms/ar/ocar/r78/gov.ar.code.title.19.htmlFetched: 11/8/2026
Source: Arkansas General Assembly, Acts of 2021-2026 (arkleg.state.ar.us)URL: https://arkleg.state.ar.us/Acts/FTPDocument?path=%2FACTS%2F2021R%2FPublic%2F&file=797.pdf&ddBienniumSession=2021%2F2021RFetched: 11/8/2026