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AR SB93
Bill
Status
Passed
2/22/2018
Primary Sponsor
Joint Budget Committee
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AI Summary
- Reappropriates the balance of capital improvement appropriations from Act 346 of 2017 to the Arkansas Development Finance Authority for the Arkansas Housing Trust Fund Advisory Committee, effective July 1, 2018
- Allocates $27,409 for personal services, operating expenses, and grants to create pilot housing options in each of Arkansas's four congressional districts
- Permits the Authority to accept grants, donations including federal funds, and use unobligated cash income to supplement state treasury funds for project financing
- Requires strict compliance with state purchasing laws, accounting procedures, revenue stabilization laws, and fiscal control regulations in fund disbursement
- Effective date is July 1, 2018; approved February 21, 2018
Legislative Description
An Act For The Arkansas Development Finance Authority Reappropriation.
Last Action
Notification that SB93 is now Act 37
2/22/2018
Committee Referrals
Budget2/12/2018
Full Bill Text
No bill text available