Statute 25-34-106
Section 6. Sale of surplus computer equipment and electronics.

1. If an agency policy established under Section 4 of this act provides for the preferential sale of surplus computer and electronic equipment to agency employees, that computer and electronic equipment shall be sold at a price not less than ten percent (10%) above depreciated value as determined by the Department of Finance and Administration.
2. If an agency policy established under Section 4 of this act provides for the preferential sale of surplus computer and electronic equipment to Arkansas public schools, that computer and electronic equipment shall be sold at a price not less than five percent (5%) above depreciated value as determined by the Department of Finance and Administration.

REGULATION: R1:25-34-106

PROCEDURE FOR SELLING EQUIPMENT.
Agencies that establish a policy for selling surplus computer and electronic equipment to their employees will use the following procedures for selling the equipment.

1. Computer equipment will be sold for at least 10% above the depreciated value. The depreciated value will be calculated as follows: The total purchase price of the item will be depreciated at a rate of 20% per year for a 5 year period after purchase.
2. Electronic equipment will be sold for at least 10% above the depreciated value. The depreciated value will be calculated as follows: The total purchase price of the item will be depreciated at a rate of 10% per year for a 10 year period after purchase.
3. When items are depreciated to a “0” value. Marketing & Redistribution shall be contacted in writing or electronic mail for determination of the sale price. The requesting agency shall provide to Marketing & Redistribution the type of equipment, age, purchase price and general condition. Agencies may then sell the equipment to the employee at 10% above the price provided by M&R.

   Agencies that establish a policy for selling surplus computer and electronic equipment to Arkansas public schools will use the following procedures for selling the equipment:

4. Computer equipment will be sold for at least 5% above the depreciated value. The depreciated value will be calculated as follows: The total purchase price of the item will be depreciated at a rate of 20% per year for a 5 year period after purchase.
5. Electronic equipment will be sold for at least 5% above the depreciated value. The depreciated value will be calculated as follows: The total purchase price of the item will be depreciated at a rate of 10% per year for a 10 year period after purchase.
6. When items are depreciated to a “0” value. Marketing & Redistribution shall be contacted in writing or electronic mail for determination of the sale price. The requesting agency shall provide to Marketing & Redistribution the type of equipment, age, purchase price and general condition. Agencies may then sell the equipment to the school at 5% above the price provided by M&R

Statute 25-34-107
Section 7. Surplus equipment not sold.

1. (1) Unsold surplus computer and electronic equipment may be donated by the owning agency to Arkansas public schools if the agency policy so provides.
   (2) Arkansas public schools are not required to, but may choose to, accept unsold surplus computer and electronic equipment donated by the owning agency.
2. (1) Unsold surplus computer equipment may be sent to the Marketing and Redistribution Section of the Office of State Procurement of the Department of Finance and Administration for sale, auction, recycling, donation, demanufacturing or disposal.
   (2) Alternatively the agency may maintain possession of computers and electronics and allow the Marketing and Redistribution Section of the Office of State Procurement of the Department of Finance and Administration to sell or auction the computer or electronic equipment via an internet web site.

   REGULATION:
   R1:25-34-107

   PROCEDURE FOR SURPLUS EQUIPMENT NOT SOLD.

   1. Unsold surplus computer equipment sent to Marketing and Redistribution will be offered for sale to other state agencies and tax-supported entities for a twenty-day period. At the end of the twenty day period if the computer equipment has not been sold to a state agency or tax supported entity and a document has been submitted in writing to Marketing and Redistribution requesting a donation by an agency, tax supported entity or non-profit organization that can utilize the computer equipment, the request will be forwarded to the State Procurement Director for approval to donate the item(s).
   2. Agencies that maintain possession of computers and electronics and request that Marketing and Redistribution auction the items via the Internet must submit a Surplus Disposal Form (SDF) with digital pictures of each item. The items will be sold “as is, where is” with the purchaser being responsible for pickup of the item.

Statute 25-34-108
Section 8. Disbursement of revenues.

Funds generated from the sale of agency surplus computer and electronic equipment to state employees, public schools, or by other sale, shall be allocated as follows:

1. If the sale of surplus computer or electronic equipment is made within the agency:
   1. Sixty percent (60%) of the proceeds shall be returned to the owning agency;
   2. Fifteen percent (15%) of the proceeds shall be deposited with the Marketing and Redistribution Section of the Office of State Procurement of the Department of Finance and Administration; and
   3. Twenty-five (25%) of the proceeds shall be deposited in the Computer and Electronic Recycling Fund established by this act;
      
      
2. If the sale of surplus computer or electronic equipment is outside the agency and conducted by the Marketing and Redistribution Section of the Office of State Procurement of the Department of Finance and Administration:
   1. Fifty percent (50%) of the proceeds shall be returned to the owning agency;
   2. Twenty-five percent (25%) of the proceeds shall be deposited with the Marketing and Redistribution Section of the Office of State Procurement of the Department of Finance and Administration; and
   3. Twenty-five percent (25%) of the proceeds shall be deposited in the Computer and Electronic Recycling Fund established by this act.

      REGULATION:
      R1:25-34-108

      PROCEDURE FOR REVENUE DISBURSEMENT.
      Agencies that establish a policy for selling surplus computer and electronic equipment to either their employees or to Arkansas public schools will use the following procedure for revenue disbursement.

      1. Each agency shall be responsible for providing to Marketing and Redistribution by the 10th of the month following the sale a list of all items sold. Each item shall have included the type of equipment, model number, and serial number, property tag number, who the equipment was sold to and the amount of the sale of the equipment.
      2. Each agency shall be responsible for collecting the total amount of the equipment sale to the employee and/or the school. The agency shall include sales tax for each item sold.
      3. Each agency shall be responsible for forwarding all monies collected minus the agency share (60%) to Marketing and Redistribution with the report.
      4. If at anytime the equipment is purchased with a check that is returned for insufficient funds or for any other reason, it will be the responsibility of the selling agency to collect the monies.
      5. Upon receipt of the report and monies, Marketing and Redistribution will distribute the appropriate funds to Revenue (to cover the sales tax paid) and to the Arkansas Department of Environmental Quality.
      6. A document acknowledging the sale will be returned to the owning agency.