(a) Assessment.

1. (1) An annual fee of ten dollars ($10.00) will be assessed per registered well, payable at the time of water use reporting, no later than March 1 following the reporting water year.

2. (2) A delinquency in paying annual fees will:

   1. (A) Constitute failure to register for the prior water year; and
   2. (B) Be subject to penalties of 15 CAR § 21-206.

(b) Collection. The Arkansas Natural Resources Commission may delegate the responsibility for collecting annual fees to:

1. (1) The Director of the Arkansas Natural Resources Commission or the director’s designee or designees; or
2. (2) Qualified petitioning entities.

(c) Disposition.

1. (1) All moneys collected from fees and penalties will be deposited in the Arkansas Water Development Fund to be used pursuant to Arkansas Code § 15-20-207.
2. (2) Two-thirds (2/3) of such funds shall be used for an information/education program and cost-share assistance for water conservation and development as provided in 15 CAR § 21-104(b)(3)(G).
3. (3) One-third (1/3) of such funds may be used for the administration of the commission’s water management programs.