AR HB1077

Appropriates $6,980,696 to the Arkansas Rice Research and Promotion Board from the Arkansas Rice Research and Promotion Fund for the fiscal year ending June 30, 2015.

Allocates $14,200 for maintenance and general operations expenses, with zero funding for conferences/travel, professional fees, capital outlay, and data processing.

Allocates $6,966,496 for research and development expenses.

Requires disbursement of funds to comply with state procurement laws, accounting procedures, revenue stabilization law, and other applicable fiscal control laws and regulations.

Declares an emergency effective July 1, 2014, citing constitutional restrictions on appropriations exceeding one year and the need for immediate agency operations.