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AR HB1072

Bill

Official Source

Status

Passed

4/17/2020

Primary Sponsor

Joint Budget Committee

Click for details

Origin

House of Representatives

92nd General Assembly (2020 Fiscal)

AI Summary

  • Establishes a maximum of 72 regular employees for the Department of Commerce - State Bank Department for fiscal year 2020-2021, including positions ranging from State Bank Commissioner to Administrative Specialist III
  • Authorizes one (1) part-time or temporary "Extra Help" employee at rates not to exceed those in the Uniform Classification and Compensation Act
  • Appropriates $10,279,888 from the Bank Department Fund for fiscal year 2020-2021, comprised of $6,508,215 for regular salaries, $1,864,077 for personal services matching, and $1,907,596 for operating expenses, conferences, travel, professional fees, and capital outlay
  • Requires all fund disbursement to comply with state procurement law, accounting procedures, revenue stabilization law, and other fiscal control laws under Department of Finance and Administration regulations
  • Declares an emergency effective July 1, 2020 to ensure continuous operation of the agency, with bill approved April 17, 2020

Legislative Description

An Act For The Department Of Commerce - State Bank Department Appropriation For The 2020-2021 Fiscal Year.

Last Action

Notification that HB1072 is now Act 67

4/17/2020

Committee Referrals

Budget4/8/2020

Full Bill Text

No bill text available