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AR SB467
Bill
Status
4/6/2013
Primary Sponsor
Eddie Williams
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AI Summary
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Appropriates $8,000,000 total from the General Improvement Fund to eight regional economic development districts in Arkansas, with $1,000,000 allocated to each district.
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The eight districts receiving funds are: Northwest, North Central, Northeast, Southeast, Southwest, Western, West Central, and Central Arkansas Economic Development Districts.
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Allows districts to supplement state funds with federal grants, donations, and unobligated cash income to finance project costs.
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Prohibits use of maintenance and general operations funds for these appropriations and requires strict compliance with state purchasing and fiscal control laws.
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Effective July 1, 2013, with an emergency clause citing 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
Notification that SB467 is now Act 810
4/6/2013