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AR SB43
Bill
Status
5/9/2016
Primary Sponsor
Joint Budget Committee
Click for details
AI Summary
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Establishes 121 maximum regular employees for the Arkansas Economic Development Commission (AEDC) for fiscal year 2016-2017, with specified salary ranges and classifications for each position.
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Appropriates $26,253,076 from the AEDC Fund Account for state operations including regular salaries ($4,474,533), personal services matching ($1,393,733), maintenance and general operations ($1,789,724), industry training programs ($14,221,586), and military affairs grants ($750,000).
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Appropriates additional funds from federal and other sources totaling over $300 million, including $36,248,043 for Community Development Block Grants, $30,000,000 for Technology Acceleration Program, and $200,000,000 for Super Projects.
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Authorizes up to 9 temporary or part-time "Extra Help" employees across AEDC divisions (6 general, 2 for Division of Science and Technology, 1 for Rural Services Division).
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Provides multiple transfer authorities and special provisions for flexible fund management between line items with Legislative Council or Joint Budget Committee approval, including provisions for industry training, foreign offices, and rural development programs.
Legislative Description
An Act For The Arkansas Economic Development Commission Appropriation For The 2016-2017 Fiscal Year.
Last Action
Notification that SB43 is now Act 226
5/9/2016