This bill appropriates funds for personal services and operating expenses for the Department of Commerce - Arkansas Development Finance Authority for the fiscal year ending June 30, 2024. It establishes a maximum number of regular employees, totaling 56, with specific positions and salary grades outlined. The bill also authorizes five temporary or part-time employees as "Extra Help." The total amount appropriated for various operational needs, including regular salaries, grants, and housing assistance programs, amounts to $31,967,906, with additional appropriations for the Student Loan Authority Division and other specific programs.

Key insertions in the bill include the establishment of specific funding amounts for various operational categories, such as $6,000,000 for computer equipment and related software, $15,000,000 for the Federal Housing Program, and $5,000,000 for the Arkansas Housing Trust Fund. An emergency clause is also included, stating the necessity for the act to take effect on July 1, 2023, to ensure the proper administration of essential governmental programs. The bill emphasizes compliance with existing laws and regulations regarding the disbursement of funds.