HB 2233 Summary

• Amends the Arkansas Revenue Stabilization Law to modify special revenue designations for the State Central Services Fund by adding references to § 19-6-301(244), (246), and (247)

• Modifies the Solid Waste Management and Recycling Fund to reference § 19-6-301(240) instead of (239)

• Establishes maximum revenue allocations for fiscal year 2013-2014 and thereafter totaling $4,786,488,165 across multiple state funds including education, human services, corrections, and higher education institutions

• Allocates an additional $18,891,427 to the 89th Session Projects Account of the General Improvement Fund for discretionary transfers upon Legislative Council or Joint Budget Committee approval

• Designates $2,000,000 in additional general revenue funding specifically for the Arkansas Governor's Scholars Program during fiscal year 2013-2014, effective July 1, 2013