(a) Grants awarded by the Arkansas Historic Preservation Program are funded by:
(1) Special revenues under the real estate transfer tax passed as Acts 1987, Nos. 729 and 818;
(2) The Arkansas conservation tax established by Arkansas Constitution, Amendment 75; or
(3) The National Park Service.
(b) All grant recipients must follow the policies and procedures of the Arkansas Historic Preservation Program, as well as rules and regulations governing the expenditure of all state and federal funds.
(c) The rules set forth in this part must be strictly adhered to by both:
(1) The Arkansas Historic Preservation Program; and