AR SB901

Amends Arkansas Code § 22-5-809(c) to reorganize how fees, compensation, and royalties from state land leases and permits are deposited and allocated.

Funds from leases or permits for sand, gravel, minerals, timber, or logs from navigable waterway beds or bars shall be deposited as cash funds for personal services and operating expenses of the Commissioner of State Lands office.

Funds from log removal leases or permits on state lands shall be deposited as cash funds for the State Land Department, with the Commissioner required to distribute revenues to counties based on the value of logs removed from each county.

Funds received by the Arkansas State Game and Fish Commission from mineral leases or permits on commission-held lands remain special revenues credited to the Game Protection Fund.

The act applies retroactively to existing leases or permits as of the effective date and prospectively to all leases or permits issued on or after the effective date.