Loading chat...
AR HB1502
Bill
Status
2/26/2013
Primary Sponsor
David Fielding
Click for details
AI Summary
-
Appropriates $480,000 total from the General Improvement Fund to eight Arkansas Economic Development Districts, with $60,000 allocated to each district.
-
Funding recipients include Northwest, North Central, Northeast, Southeast, Southwest, Western, West Central, and Central Arkansas Economic Development Districts.
-
Allows recipient agencies to supplement state funds with grants, donations, Federal funds, and unobligated cash income to finance project costs.
-
Requires strict compliance with State Purchasing Law, General Accounting and Budgetary Procedures Law, and Revenue Stabilization Law in fund disbursement.
-
Establishes July 1, 2013 as the effective date and declares an emergency clause due to constitutional restrictions on multi-year appropriations.
Legislative Description
An Act For The Department Of Finance And Administration - Disbursing Officer - Planning And Development Grants General Improvement Appropriation.
Last Action
Read the third time and failed.
4/12/2013