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AR SB11

Bill

Status

Passed

2/23/2022

Primary Sponsor

Joint Budget Committee

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Origin

Senate

93rd General Assembly (2022 Fiscal)

AI Summary

  • Appropriates $2,732,111 to the Auditor of State - Operations for fiscal year 2022-2023, including $1,519,665 for regular salaries of 20 employees and $30,000 for extra help.

  • Appropriates $2,858,333 to the Auditor of State - Unclaimed Property Program for fiscal year 2022-2023, including $731,633 for regular salaries of 10 employees and $1,120,000 for professional fees.

  • Appropriates $25,055,250 from cash funds for payment of unclaimed property claims ($25,052,750) and operating expenses ($2,500).

  • Appropriates $2,500,500 from cash funds for payment of abandoned mineral proceeds claims ($2,500,000) and operating expenses ($500).

  • Requires the Operations Manager to maintain a Certified Public Accountant license and the Internal Auditor to hold either a Certified Internal Auditor certification or Certified Public Accountant license in Arkansas.

Legislative Description

An Act For The Auditor Of State - Operations And Unclaimed Property Program Appropriation For The 2022-2023 Fiscal Year.

Last Action

Notification that SB11 is now Act 10

2/23/2022

Committee Referrals

Budget2/14/2022

Full Bill Text

No bill text available