AR SB590

Appropriates $1,000,000 to each of eight economic development districts in Arkansas from the General Improvement Fund, totaling $8,000,000 for planning and development grants.

Designates recipients as: Northwest, North Central, Northeast, Southeast, Southwest, Western, West Central, and Central Arkansas Economic Development Districts, Inc.

Allows districts to supplement state funds with grants, donations, and federal funds without using existing maintenance and general operations appropriations.

Requires strict compliance with state purchasing, accounting, budgetary procedures, revenue stabilization, and fiscal control laws in fund disbursement unless otherwise specified by law.

Declares emergency effective date of July 1, 2015, citing constitutional restrictions on multi-year appropriations and need for immediate agency operations.