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AR SB327

Bill

Status

Passed

4/7/2025

Primary Sponsor

Steve Crowell

Click for details

Origin

Senate

95th General Assembly (2025 Regular)

AI Summary

  • Extends annual payments of $887,908 to the Arkansas State Fair and Livestock Show Association (or its bond trustee) for fiscal years 2025 through 2035
  • Updates Arkansas Code § 14-171-215(a)(5) by replacing the previous fiscal year references (2009-2025) with new fiscal year references (2025-2035)
  • Removes the previous fiscal year payment schedule that ended in fiscal year 2025
  • Payments are subject to reduction by any general revenues appropriated to the Arkansas State Fair and Livestock Show
  • Approved on April 3, 2025 as Act 443 of the Regular Session

Legislative Description

To Amend The Law Concerning Payments To Localities.

Last Action

Notification that SB327 is now Act 443

4/7/2025

Committee Referrals

Agriculture, Forestry and Economic Development3/5/2025
Agriculture, Forestry and Economic Development2/26/2025

Full Bill Text

No bill text available