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AR SB50

Bill

Status

Passed

1/28/2019

Primary Sponsor

Joint Budget Committee

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Origin

Senate

92nd General Assembly (2019 Regular)

AI Summary

  • Establishes 15 regular full-time employees for the Arkansas Real Estate Commission for fiscal year 2019-2020, including an Executive Director (GS15), Deputy Executive Director (GS11), and various support staff positions.

  • Authorizes up to 2 part-time or temporary "Extra Help" employees at rates not exceeding the Uniform Classification and Compensation Act.

  • Appropriates $1,348,389 for operations, including $655,220 for regular salaries, $227,834 for personal services matching, $397,744 for operating expenses, $26,662 for conferences and travel, and $22,929 for professional fees.

  • Appropriates $352,500 for the Real Estate Recovery Fund, consisting of $250,000 for damage payments and $102,500 for educational activities.

  • Declares an emergency effective July 1, 2019, finding that the appropriations are essential to the agency's operation and public administration.

Legislative Description

An Act For The Arkansas Real Estate Commission Appropriation For The 2019-2020 Fiscal Year.

Last Action

Notification that SB50 is now Act 20

1/28/2019

Committee Referrals

Budget1/14/2019

Full Bill Text

No bill text available