(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the Arkansas Construction Industry Craft Training Trust Fund.
(b) (1) This fund shall consist of the net proceeds of the construction permit surcharge as set out in § 6-55-106.
(2) The fund shall be used to support training programs set out in § 6-55-101 et seq., administered by the Department of Workforce Education and the State Apprenticeship Coordination Steering Committee.
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