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AR SB344
Bill
Status
3/17/2015
Primary Sponsor
John Cooper
Click for details
AI Summary
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Appropriates $6,000,000 total from the General Improvement Fund to eight regional economic development districts in Arkansas, allocating $750,000 to each district.
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Recipient districts include Northwest, North Central, Northeast, Southeast, Southwest, Western, West Central, and Central Arkansas Economic Development Districts.
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Allows appropriated funds to be supplemented with grants, donations, Federal funds, and unobligated cash income from recipient agencies.
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Requires strict compliance with State Purchasing Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, and other applicable fiscal control laws in fund disbursement.
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Becomes effective July 1, 2015 with emergency clause declaring immediate necessity for agency operations; approved March 16, 2015.
Legislative Description
An Act For The Department Of Finance And Administration - Disbursing Officer - Planning And Development Grants General Improvement Appropriation.
Last Action
Notification that SB344 is now Act 426
3/17/2015