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AR SB410
Bill
Status
3/17/2015
Primary Sponsor
Jon Woods
Click for details
AI Summary
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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.
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Districts receiving funding include Northwest, North Central, Northeast, Southeast, Southwest, Western, West Central, and Central Arkansas Economic Development Districts.
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Permits appropriated funds to be supplemented with grants, donations, and Federal funds, but restricts use of Maintenance and General Operations funds for these purposes.
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Requires strict compliance with State Purchasing Law, General Accounting and Budgetary Procedures Law, and Revenue Stabilization Law in fund disbursement.
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Effective July 1, 2015 as an emergency measure deemed essential to agency operations.
Legislative Description
An Act For The Department Of Finance And Administration - Disbursing Officer - Planning And Development Grants General Improvement Appropriation.
Last Action
Notification that SB410 is now Act 444
3/17/2015