AR HB1068

Establishes a maximum of 62 regular employees for the Arkansas Development Finance Authority for fiscal year 2012-2013, including 1 Executive Director at $138,990 annual salary and positions ranging from Grade C112 to N908.

Authorizes up to 5 temporary or part-time "Extra Help" employees at rates not exceeding those in the Uniform Classification and Compensation Act.

Appropriates $48,642,501 in cash funds for the fiscal year ending June 30, 2013, including $3,689,364 for regular salaries, $1,064,937 for personal services matching, and $825,458 for operating expenses.

Appropriates $6,600,000 for housing rental assistance grants, $16,341,215 for the HUD HOME Program, and $19,600,000 for federal housing programs.

Declares an emergency effective July 1, 2012, requiring funds be disbursed in compliance with state procurement laws, budgetary procedures, and the stated legislative intent documented in budget manuals and committee minutes.