AR SB746

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.

Authorizes districts to supplement state funds with grants, donations, and Federal funds to cover full project costs.

Permits the Department of Finance and Administration to adopt new rules and regulations to implement the appropriations without restrictions from other program requirements.

Requires strict compliance with state purchasing laws, accounting procedures, and fiscal control laws unless specifically exempted by law.

Becomes effective July 1, 2013 as an emergency measure to ensure proper agency operations and governmental program continuity.