AR HB1469

Appropriates $1,000,000 to the Arkansas Economic Development Commission from the General Improvement Fund for grants to construct and operate Senior Citizen Centers.

Allows the Commission to adopt new rules and regulations to carry out the appropriation without being restricted by requirements applicable to other programs.

Permits institutions and agencies to supplement state funds with grants, donations, Federal funds, and unobligated cash income for financing project costs.

Requires strict compliance with state purchasing laws, accounting procedures, revenue stabilization laws, and fiscal control regulations in disbursement of funds.

Declares an emergency effective July 1, 2015, citing the state constitution's one-year appropriation limitation and the need for immediate operation of the agency.