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AR SB334
Bill
Status
3/4/2019
Primary Sponsor
Joint Budget Committee
Click for details
AI Summary
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Reappropriates $101,000 in unobligated capital improvement funds from Act 35 of 2018 to the State Insurance Department, effective July 1, 2019.
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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.
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Permits use of funds for grants to non-profit and government entities for care and improvement of historic perpetual care cemeteries.
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Requires strict compliance with state purchasing laws, accounting procedures, revenue stabilization laws, and Department of Finance and Administration regulations in fund disbursement.
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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