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AR SB13
Bill
Status
Passed
5/3/2016
Primary Sponsor
Joint Budget Committee
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AI Summary
- Reappropriates $500,000 from Act 114 of 2015 to the Arkansas Development Finance Authority for the Arkansas Housing Trust Fund Advisory Committee, effective July 1, 2016
- Designated funds support personal services, operating expenses, and grants to create pilot housing options in each of Arkansas's four congressional districts
- Requires all expenditures to comply with State Purchasing Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, and Department of Finance and Administration regulations
- Permits agencies to supplement appropriated funds with grants, donations (including Federal funds), and unobligated cash income to finance project costs
- Declares an emergency clause to make the act effective July 1, 2016, as required by Arkansas Constitution's one-year appropriation limit
Legislative Description
An Act For The Arkansas Development Finance Authority Reappropriation.
Last Action
Notification that SB13 is now Act 10
5/3/2016
Committee Referrals
Budget4/13/2016
Full Bill Text
No bill text available