AR HB1016

Establishes a maximum of 56 regular employees for the Arkansas Development Finance Authority with positions ranging from Executive Director (Grade SE03) to Human Resources Analyst (Grade GS06)

Authorizes 5 temporary or part-time "Extra Help" employees at rates not to exceed those in the Uniform Classification and Compensation Act

Appropriates $31.7 million from cash funds for personal services, operating expenses, and grants including $6.6 million for housing rental assistance, $16.3 million for HUD HOME program, and $3.4 million for federal housing programs

Appropriates additional funds for Student Loan Authority Division ($2.4 million), computer equipment and software ($15 million), federal housing programs ($15 million), and Arkansas Housing Trust Fund ($5 million)

Takes effect July 1, 2022, with all disbursements subject to state procurement laws, accounting procedures, and fiscal control regulations