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AR HB1091

Bill

Status

Passed

3/30/2015

Primary Sponsor

Joint Budget Committee

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Origin

House of Representatives

90th General Assembly (2015 Regular)

AI Summary

  • Appropriates $1,350,000,000 to the Office of the Treasurer of State for the fiscal year ending June 30, 2016, payable from the Uniform Tax Rate Trust Fund
  • Funds are to be redistributed to counties as required by Amendment 74 to the Arkansas Constitution
  • Disbursement of funds must comply with the State Procurement Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, Regular Salary Procedures and Restrictions Act, and other applicable fiscal control laws
  • Funds must be used in accordance with the stated reasons documented in budget manuals, agency requests, executive recommendations, and legislative recommendations of the Joint Budget Committee
  • Act becomes effective July 1, 2015, with an emergency clause declaring the immediate effectiveness essential to agency operations

Legislative Description

An Act For The Office Of The Treasurer Of State - Amendment 74 Property Tax Appropriation For The 2015-2016 Fiscal Year.

Last Action

Notification that HB1091 is now Act 712

3/30/2015

Committee Referrals

Budget1/20/2015

Full Bill Text

No bill text available