Loading chat...
AR SB733
Bill
Status
4/4/2013
Primary Sponsor
Joyce Elliott
Click for details
AI Summary
-
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.
-
The eight recipient districts are: Northwest, North Central, Northeast, Southeast, Southwest, Western, West Central, and Central Arkansas Economic Development Districts.
-
Allows recipient institutions to supplement state funds with grants, donations, federal funds, and unobligated cash income to finance project costs.
-
Requires strict compliance with state purchasing, accounting, budgetary procedures, revenue stabilization, and fiscal control laws in disbursement of funds.
-
Takes effect July 1, 2013 as an emergency measure necessary for agency operations.
Legislative Description
An Act For The Department Of Finance And Administration - Disbursing Officer - Planning And Development Grants General Improvement Appropriation.
Last Action
Notification that SB733 is now Act 692
4/4/2013