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AR HB1541

Bill

Status

Prefiled

N/A

Primary Sponsor

Uvalde Lindsey

Click for details

Origin

House of Representatives

88th General Assembly (2011 Regular)

AI Summary

  • Appropriates $61,000,000 from the General Improvement Fund to the Arkansas Science and Technology Authority for transfer to the Arkansas Acceleration Fund
  • Funds designated for incentives to accelerate the state economy through technology and knowledge-based development
  • Institutions and agencies may supplement state funds with grants, donations (including Federal funds), and unobligated cash income to finance project costs
  • Maintenance and General Operations appropriations for receiving agencies cannot be used for purposes authorized by this act
  • Act becomes effective July 1, 2011 under emergency clause provisions

Legislative Description

An Act For The Arkansas Science And Technology Authority - Incentives To Accelerate The Economy General Improvement Appropriation.

Last Action

House Read the third time and failed.

3/18/2011

Committee Referrals

Budget2/23/2011

Full Bill Text

No bill text available