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AR SB482

Bill

Status

Passed

3/25/2015

Primary Sponsor

Eddie Williams

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Origin

Senate

90th General Assembly (2015 Regular)

AI Summary

  • Appropriates $1,000,000 each to eight regional economic development districts in Arkansas from the General Improvement Fund, totaling $8,000,000
  • Districts receiving grants are Northwest, North Central, Northeast, Southeast, Southwest, Western, West Central, and Central Arkansas Economic Development Districts
  • Allows recipient institutions to supplement state funds with grants, donations, and federal funds without restricting the appropriations to requirements applicable to other state programs
  • Prohibits using appropriations to replace existing Maintenance and General Operations funds and requires strict compliance with state purchasing and fiscal control laws
  • Act takes effect July 1, 2015, with emergency clause declaring the funding 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 SB482 is now Act 619

3/25/2015

Committee Referrals

Budget2/24/2015

Full Bill Text

No bill text available