Clarifies the definition of “General revenue” for county and municipal aid funds
Bill Primary sponsors
Senator Lanny Fite
Full Bill Title
To Amend the Definition of Dependent for Purposes of Higher Education Scholarships; And To Amend the Arkansas Academic Challenge Scholarship Program.
What it does
This bill clarifies the definition of “general fund” when it comes to the distribution of money to counties and cities. It specifies that general revenue funds are any that are not restricted by the source of the funding or are not transferred from another municipal fund account.
Options: Filed, on agenda, passed, failed… (more)
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