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AR SB334

Bill

Status

Passed

3/4/2019

Primary Sponsor

Joint Budget Committee

Click for details

Origin

Senate

92nd General Assembly (2019 Regular)

AI Summary

  • Reappropriates $101,000 in unobligated capital improvement funds from Act 35 of 2018 to the State Insurance Department, effective July 1, 2019.

  • Allocated funds support cemetery maintenance and operations for insolvent, licensed perpetual care cemeteries in court-ordered receivership or conservatorship for five or more years, with acquisition costs not exceeding $1,000 per cemetery.

  • Permits use of funds for grants to non-profit and government entities for care and improvement of historic perpetual care cemeteries.

  • Requires strict compliance with state purchasing laws, accounting procedures, revenue stabilization laws, and Department of Finance and Administration regulations in fund disbursement.

  • Declares an emergency effective date of July 1, 2019 to ensure continuity of agency operations under the state constitutional one-year appropriation limit.

Legislative Description

An Act For The State Insurance Department Reappropriation.

Last Action

Notification that SB334 is now Act 282

3/4/2019

Committee Referrals

Budget2/14/2019

Full Bill Text

No bill text available