SB39 Summary

• Establishes 15 regular full-time employee positions for the Arkansas Real Estate Commission for fiscal year 2013-2014, including an Executive Director at $96,142 and positions ranging from Grade C126 to C109 salary classifications

• Authorizes up to 4 temporary or part-time "Extra Help" employees at rates not to exceed those specified in the Uniform Classification and Compensation Act

• Appropriates $1,312,681 for operations including $627,778 for regular salaries, $16,000 for extra help, $211,568 for personal services matching, and $397,744 for operating expenses

• Appropriates $352,500 to the Real Estate Recovery Cash Fund, consisting of $250,000 for damage payments and $102,500 for education

• Requires Attorney General certification before the agency can employ legal counsel and mandates compliance with state procurement, accounting, and fiscal control laws; effective July 1, 2013