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AR SB195
Bill
Status
2/17/2025
Primary Sponsor
Joint Budget Committee
Click for details
AI Summary
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Reappropriates up to $28 million and $40 million from the Skills Development Fund for the Office of Skills Development to continue workforce development programs, including personal services, operating expenses, debt service, construction, equipment, and grants, effective July 1, 2025
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Reappropriates up to $153,216 from the Minority and Women-Owned Business Loan Mobilization Revolving Fund to support minority business enterprise development and competitiveness for state contracts
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Reappropriates up to $4,175,177 total from the Development and Enhancement Fund for Arkansas Economic Development Commission grants and loans supporting public works projects, job training, industrial site development, port/rail/waterway projects, and water/sewer infrastructure
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Includes an emergency clause making the act effective July 1, 2025, as delays could harm essential governmental programs
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Approved February 13, 2025, becoming Act 78 of the Regular Session
Legislative Description
An Act For The Department Of Commerce Reappropriation.
Last Action
Notification that SB195 is now Act 78
2/17/2025