SB106 Summary

• Establishes maximum of 119 regular employees for the Arkansas Economic Development Commission for fiscal year 2017-2018, with specific salary grades and positions listed for each role.

• Appropriates $16.6 million for State Operations including $4.357 million for regular salaries, $1.366 million for personal services matching, and funding for grants including Industry Training Program ($1.715 million) and Global Business Initiatives ($600,000).

• Appropriates $36.3 million for Community Assistance (CDBG) - Federal programs including $27.5 million for CDBG grants, $7.6 million for storm recovery grants, and $615,710 for flood recovery grants.

• Appropriates $200 million for Super Projects and $30 million for Technology Acceleration Program to support economic development incentives and technology-based business development.

• Authorizes various divisional appropriations including $8.4 million for Division of Science and Technology operations, $1.2 million for Rural Services Division, and $25 million for broadband infrastructure grants through the Internet Service Provider Grant Program.