Section 13-8-304 - Application process and period - Arkansas Cultural Institutions Trust Fund Review Committee(a) The Division of Arkansas Heritage shall accept applications for grant funds for the Arkansas Cultural Institutions Trust Fund beginning November 1, 2021.(b) Applications for grants from the fund shall be reviewed by the Arkansas Cultural Institutions Trust Fund Review Committee in accordance with rules established under § 13-8-303.(c) The committee shall: (1) Be created by the Secretary of the Department of Parks, Heritage, and Tourism in accordance with rules established under § 13-8-303; and(2) Include the: (A) Director of the Division of Arkansas Heritage;(B) Director of the Tourism Division; and(C) Director of an accredited museum within the Division of Arkansas Heritage.(d) In accordance with rules under § 13-8-303, in evaluating applications, the committee shall consider factors, including without limitation the following: (1) The estimated economic and tourism impact of the project;(2) Availability of other project funding sources; and(3) Overall project cost.(e) After individual review, the committee shall meet to discuss award recommendations based on the amount of funding available.(f) The recommendations of the committee shall be submitted to the secretary for approval.Added by Act 2021, No. 777,§ 1, eff. 7/28/2021.