(a)

1. (1) The State Treasury Money Management Trust is a vehicle to be used by state agencies, local governments, and subdivisions for enhancing investment opportunities and earnings of idle cash funds.
2. (2) Cash managers who may have been limited by small amounts of funds available for investment or by the complexities of today's investment environment can take advantage of the volume and expertise offered by the State Treasury.

(b)

1. (1) The State Treasury Money Management Trust Act, Arkansas Code § 19-3-601 et seq., provides authorization for various entities to invest in the trust.

2. (2) This includes:

   1. (A) State agencies;
   2. (B) Any city, county, school district, or community college;
   3. (C) Any department, instrumentality, or agency of any of those entities; and
   4. (D) The State Treasury.