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AR SB90

Bill

Status

Passed

2/22/2018

Primary Sponsor

Joint Budget Committee

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Origin

Senate

91st General Assembly (2018 Fiscal)

AI Summary

  • Reappropriates the remaining balance from Act 341 of 2017, Item (A), effective July 1, 2018, to the State Insurance Department in the amount of $101,000
  • Designated funds may be used for cemetery maintenance and operations costs for insolvent, licensed perpetual care cemeteries in court-ordered receivership or conservatorship for five or more years
  • Funds may also be used for cemetery acquisition costs (not exceeding $1,000) or grants to nonprofit/government entities and nonprofit organizations for the care and improvement of historic perpetual care cemeteries
  • Prohibits contracts or obligations exceeding available State Treasury funds, but allows agencies to supplement with grants, donations, Federal funds, and unobligated cash income
  • All disbursements must comply with State Purchasing Law, General Accounting and Budgetary Procedures Law, Revenue Stabilization Law, and other applicable fiscal control laws

Legislative Description

An Act For The State Insurance Department Reappropriation.

Last Action

Notification that SB90 is now Act 35

2/22/2018

Committee Referrals

Budget2/12/2018

Full Bill Text

No bill text available