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AR SB574
Bill
Status
3/30/2011
Primary Sponsor
Joyce Elliott
Click for details
AI Summary
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Appropriates $50,000 to the Arkansas Development Finance Authority from the Housing Trust Fund for personal services and operating expenses of the Arkansas Housing Trust Fund Advisory Committee for fiscal year ending June 30, 2012
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Requires disbursement of funds to comply with State Procurement Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, Regular Salary Procedures and Restrictions Act, and other applicable fiscal control laws and regulations
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Establishes that funds must be used in compliance with stated reasons for the appropriation as documented in budget manuals, agency requests, executive recommendations, legislative recommendations, and official Legislative Council or Joint Budget Committee minutes
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Declares an emergency effective date of July 1, 2011, citing constitutional restrictions on multi-year appropriations and the need for immediate agency operation
Legislative Description
An Act For The Arkansas Development Finance Authority - Arkansas Housing Trust Fund Advisory Committee Appropriation For The 2011-2012 Fiscal Year.
Last Action
Senate Notification that SB574 is now Act 769
3/30/2011