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AR HB1032
Bill
Status
Passed
4/19/2024
Primary Sponsor
Joint Budget Committee
Click for details
AI Summary
- Appropriates $887,908 to the Office of the Treasurer of State from the City-County Tourist Facilities Aid Fund for fiscal year 2024-2025
- Funds are designated for facility debt service and operating expenses for publicly owned eligible facilities under the City-County Tourist Meeting and Entertainment Facilities Assistance Law
- Requires all disbursements to comply with state fiscal control laws including the State Procurement Law, General Accounting and Budgetary Procedures Law, and Revenue Stabilization Law
- Establishes legislative intent that funds be used in accordance with agency requests, executive recommendations, and legislative recommendations documented in budget manuals and legislative proceedings
- Declares an emergency effective date of July 1, 2024, citing constitutional restrictions on appropriations for multi-year periods and the need for immediate agency operations
Legislative Description
An Act For The Office Of The Treasurer Of State - City-county Tourist Meeting And Entertainment Facilities Assistance Appropriation For The 2024-2025 Fiscal Year.
Last Action
Notification that HB1032 is now Act 28
4/19/2024
Committee Referrals
Budget4/10/2024
Full Bill Text
No bill text available