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AR HB1747

Bill

Status

Failed

4/27/2011

Primary Sponsor

Barry Hyde

Click for details

Origin

House of Representatives

88th General Assembly (2011 Regular)

AI Summary

  • Establishes a maximum of 2 Securities Examiner positions (Grade C119) for the State Securities Department's Arkansas Small Loan Program for fiscal year 2011-2012

  • Appropriates $17,099,182 in total cash funds for the program, including $77,486 for regular salaries, $21,696 for personal services matching, and $17,000,000 for operating expenses

  • Requires all fund disbursements to comply with state procurement, accounting, budgetary procedures, revenue stabilization, and regular salary laws, along with Department of Finance and Administration regulations

  • Specifies that appropriated funds must be used in compliance with agency requests, executive recommendations, and legislative recommendations documented in budget manuals and legislative records

  • Takes effect July 1, 2011 as an emergency measure, with the act declared essential to agency operations and necessary for immediate preservation of public peace, health, and safety

Legislative Description

An Act For The State Securities Department - Arkansas Small Loan Program Appropriation For The 2011-2012 Fiscal Year.

Last Action

House Died in House Committee at Sine Die adjournment.

4/27/2011

Committee Referrals

Budget2/28/2011

Full Bill Text

No bill text available