House Bill

HB1071:

Funding the Arkansas Development Finance Authority

Sponsor

Bill Primary sponsors

Joint Budget Committee

Cosponsors

Filed: 1/9/2023 2:09:49 PM

Original Title

An Act for the Department of Commerce-Arkansas Development Finance Authority appropriation for the 2023-2024 fiscal year.

Summary

What it does

This bill funds the Arkansas Development Financial Authority at $31.9 million, the Student Loan Authority at $2.4 million. An additional $6 million is provided for $6 for IT equipment and software for ADFA and $5 million for the Arkansas Housing Trust Fund. The bill also appropriates $15 million in federal money for the Federal Housing Program.

Options: In Committee

Status

In Joint Budget

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