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AR HB1079

Bill

Official Source

Status

Passed

5/3/2016

Primary Sponsor

Joint Budget Committee

Click for details

Origin

House of Representatives

90th General Assembly (2016 Fiscal)

AI Summary

  • Appropriates $250,000,000 to the Arkansas State Highway and Transportation Department from the Arkansas State Highway Employees' Retirement System Fund for fiscal year ending June 30, 2017
  • Funds designated for annuities, investments, benefits, refunds to withdrawing members, and administrative expenses
  • Requires compliance with State Procurement Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, and other applicable fiscal control laws
  • Establishes intent that funds be disbursed in accordance with Agency Requests, Executive Recommendations, and Legislative Recommendations documented in budget manuals and legislative minutes
  • Declares emergency effective July 1, 2016 to ensure continued operation of the agency

Legislative Description

An Act For The Arkansas State Highway And Transportation Department - Arkansas State Highway Employees' Retirement System Appropriation For The 2016-2017 Fiscal Year.

Last Action

Notification that HB1079 is now Act 154

5/3/2016

Committee Referrals

Budget4/13/2016

Full Bill Text

No bill text available