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AR SB564
Bill
Status
4/6/2013
Primary Sponsor
Jonathan Dismang
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AI Summary
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Appropriates $1,000,000 each to eight regional economic development districts in Arkansas from the General Improvement Fund for planning and development grants.
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Districts receiving funds include Northwest, North Central, Northeast, Southeast, Southwest, Western, West Central, and Central Arkansas Economic Development Districts, totaling $8,000,000.
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Allows recipient institutions to supplement state funds with grants, donations, federal funds, and unobligated cash income for project financing.
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Requires strict compliance with state purchasing law, accounting procedures, revenue stabilization law, and fiscal control regulations in disbursement of funds.
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Effective July 1, 2013 as an emergency measure to ensure continuity of agency operations and 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
Notification that SB564 is now Act 837
4/6/2013