(a)

1. (1) Each fiscal year after the United States Congress appropriates and the state receives its allocation of funds for the CWRLF, the Arkansas Natural Resources Commission staff shall prepare an intended use plan that shall be subjected to public notice.
2. (2) The intended use plan will identify those projects on the priority list in which loan assistance is to be provided from that year's appropriation.
3. (3) Only projects that anticipate the planning and design will be completed within the next twelve (12) months will be included in the intended use plan.

(b)

1. (1) The intended use plan shall meet the requirements of the Act.
2. (2) The intended use plan will meet the United States Environmental Protection Agency requirements concerning the short-term and long-term goals and objectives of the Construction Assistance Revolving Loan Fund.
3. (3) The intended use plan will show the criteria and method for the distribution of funds.