This bill proposes a supplemental appropriation of $25,000,000 each for municipalities and counties in Arkansas, to be distributed from the Municipal Aid Fund and County Aid Fund, respectively. These funds are intended to be in addition to those already appropriated by Act 62 of 2023. The bill outlines the specific fiscal year for which these appropriations are made, designated as 2023-2024, and emphasizes compliance with existing state laws regarding the disbursement of these funds.
Additionally, the bill includes an emergency clause, stating that due to unforeseen circumstances, the funds provided are insufficient for the Treasurer of State to continue essential governmental services. The emergency declaration allows for the immediate implementation of the act upon passage and approval, ensuring that the necessary funds are available without delay. If the bill is not vetoed by the Governor, it will take effect after the standard veto period; if vetoed and subsequently overridden, it will take effect immediately upon the override.