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AR HB1112

Bill

Status

Passed

1/31/2019

Primary Sponsor

Joint Budget Committee

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Origin

House of Representatives

92nd General Assembly (2019 Regular)

AI Summary

  • Establishes a maximum of 72 regular employees for the State Bank Department for fiscal year 2019-2020, with positions ranging from State Bank Commissioner (Grade SE04) to Administrative Specialist III (Grade GS04)

  • Authorizes one temporary or part-time employee ("Extra Help") to be hired when needed at rates not exceeding those provided in the Uniform Classification and Compensation Act

  • Appropriates $10,277,720 from the Bank Department Fund for the fiscal year ending June 30, 2020, including $6,506,715 for regular salaries, $1,863,409 for personal services matching, and $1,902,596 for maintenance and general operations

  • Requires all fund disbursements to comply with state procurement law, accounting procedures, revenue stabilization law, and regulations promulgated by the Department of Finance and Administration

  • Effective July 1, 2019 on an emergency basis to ensure continuous operation of the State Bank Department during the fiscal year

Legislative Description

An Act For The State Bank Department Appropriation For The 2019-2020 Fiscal Year.

Last Action

Notification that HB1112 is now Act 46

1/31/2019

Committee Referrals

Budget1/14/2019

Full Bill Text

No bill text available