AR HB1056

Appropriates $8,300,000 to the Arkansas Soybean Promotion Board from the Soybean Promotion Fund for the fiscal year ending June 30, 2020.

Allocates $60,500 for operational expenses, $2,000 for professional fees, with $0 for conference and travel, capital outlay, and data processing.

Allocates $8,237,500 for research and development expenses.

Requires all fund disbursements to comply with state procurement law, accounting procedures, revenue stabilization law, and other applicable fiscal control laws and Department of Finance and Administration regulations.

Declares an emergency effective July 1, 2019, citing the constitutional prohibition on multi-year appropriations and the need for immediate agency operation.