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AR HB1673
Bill
Status
5/17/2013
Primary Sponsor
Fred Smith
Click for details
AI Summary
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Appropriates $12 million total from the General Improvement Fund to eight regional economic development districts in Arkansas, with $1.5 million allocated to each district.
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Designated districts receiving grants: Northwest, North Central, Northeast, Southeast, Southwest, Western, West Central, and Central Arkansas Economic Development Districts.
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Allows recipient agencies to accept and use federal grants, donations, and unobligated funds to supplement state appropriations for project financing.
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Requires strict compliance with state purchasing laws, accounting procedures, revenue stabilization laws, and Department of Finance and Administration regulations in fund disbursement.
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Takes effect July 1, 2013 under emergency clause to ensure continuous agency operations and prevent irreparable harm to essential governmental programs.
Legislative Description
An Act For The Department Of Finance And Administration - Disbursing Officer - Planning And Development Grants General Improvement Appropriation.
Last Action
Died on House Calendar at Sine Die adjournment.
5/17/2013