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AR SB435
Bill
Status
4/4/2013
Primary Sponsor
Larry Teague
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AI Summary
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Appropriates $5,000,000 from the General Improvement Fund to the Economic Development Commission for rebates, grants, and incentives for compressed natural gas and liquefied natural gas refueling stations
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Provides funding for qualified clean-burning motor vehicle property incentives
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Exempts appropriations from restrictions applicable to other programs and authorizes the Commission to adopt new rules and regulations to implement the act
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Requires strict compliance with state purchasing laws, accounting procedures, and fiscal control laws in disbursement of funds
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Effective date is July 1, 2013, declared an emergency to ensure operation of the agency during the fiscal year
Legislative Description
An Act For The Economic Development Commission - Compressed And Liquefied Natural Gas Stations And Clean-burning Vehicle Property General Improvement Appropriation.
Last Action
Notification that SB435 is now Act 611
4/4/2013