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AR SB607
Bill
Status
3/17/2015
Primary Sponsor
Joyce Elliott
Click for details
AI Summary
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Appropriates $4,000,000 to the Arkansas Development Finance Authority for the Arkansas Housing Trust Fund Advisory Committee to fund personal services, operating expenses, and grants.
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Funds shall be used to create pilot housing options in each of the four congressional districts in Arkansas.
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Appropriated funds come from the General Improvement Fund or its successor fund or fund accounts.
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Agencies may supplement state funds with grants, donations including federal funds, and unobligated cash income to finance project costs.
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Act becomes effective July 1, 2015 with emergency clause declaring the immediate implementation essential to agency operations.
Legislative Description
An Act For The Arkansas Development Finance Authority - Arkansas Housing Trust Fund Advisory Committee General Improvement Appropriation.
Last Action
Notification that SB607 is now Act 517
3/17/2015